Sigma Planning Corp lowered its stake in iShares U.S. Financials ETF (NYSEARCA:IYF – Free Report) by 13.6% during the first quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 13,210 shares of the company’s stock after selling 2,084 shares during the quarter. Sigma Planning Corp owned approximately 0.05% of iShares U.S. Financials ETF worth $940,000 as of its most recent filing with the SEC.
Other large investors have also recently bought and sold shares of the company. EverSource Wealth Advisors LLC purchased a new stake in iShares U.S. Financials ETF during the 4th quarter worth about $28,000. Kalos Management Inc. acquired a new position in shares of iShares U.S. Financials ETF in the fourth quarter valued at approximately $32,000. CENTRAL TRUST Co purchased a new position in shares of iShares U.S. Financials ETF during the fourth quarter valued at approximately $36,000. Concourse Financial Group Securities Inc. grew its stake in iShares U.S. Financials ETF by 32.8% in the 4th quarter. Concourse Financial Group Securities Inc. now owns 635 shares of the company’s stock worth $48,000 after acquiring an additional 157 shares during the period. Finally, Compass Wealth Management LLC acquired a new position in iShares U.S. Financials ETF in the 4th quarter valued at $87,000.
iShares U.S. Financials ETF Stock Down 1.0 %
IYF stock opened at $78.11 on Thursday. The stock has a market capitalization of $1.89 billion, a price-to-earnings ratio of 9.21 and a beta of 1.03. iShares U.S. Financials ETF has a 52-week low of $66.04 and a 52-week high of $82.30. The stock’s fifty day simple moving average is $75.74 and its 200-day simple moving average is $74.78.
About iShares U.S. Financials ETF
iShares U.S. Financials ETF, formerly iShares Dow Jones U.S. Financial Sector Index Fund, seeks investment results that correspond generally to the price and yield performance of the Dow Jones U.S. Financials Index (the Index). The Index measures the performance of the financial sector of the United States equity market, and includes companies in industry groups, such as banks, non-life insurance, life insurance, real estate and general finance.
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