iShares U.S. Financials ETF (NYSEARCA:IYF) Position Trimmed by GTS Securities LLC

GTS Securities LLC lowered its position in shares of iShares U.S. Financials ETF (NYSEARCA:IYF) by 91.7% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 3,910 shares of the company’s stock after selling 42,939 shares during the period. GTS Securities LLC’s holdings in iShares U.S. Financials ETF were worth $432,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of IYF. Janney Montgomery Scott LLC grew its position in shares of iShares U.S. Financials ETF by 16.2% during the fourth quarter. Janney Montgomery Scott LLC now owns 53,268 shares of the company’s stock worth $5,890,000 after acquiring an additional 7,441 shares during the last quarter. Saxony Capital Management LLC grew its position in shares of iShares U.S. Financials ETF by 11.6% during the fourth quarter. Saxony Capital Management LLC now owns 2,192 shares of the company’s stock worth $242,000 after acquiring an additional 228 shares during the last quarter. Clear Creek Financial Management LLC grew its position in shares of iShares U.S. Financials ETF by 18.1% during the fourth quarter. Clear Creek Financial Management LLC now owns 16,333 shares of the company’s stock worth $1,806,000 after acquiring an additional 2,504 shares during the last quarter. Spire Wealth Management grew its position in shares of iShares U.S. Financials ETF by 1,693.1% during the fourth quarter. Spire Wealth Management now owns 15,259 shares of the company’s stock worth $1,687,000 after acquiring an additional 14,408 shares during the last quarter. Finally, U.S. Capital Wealth Advisors LLC bought a new position in shares of iShares U.S. Financials ETF during the fourth quarter worth about $839,000.

iShares U.S. Financials ETF Stock Performance

iShares U.S. Financials ETF stock opened at $116.43 on Wednesday. The company has a 50-day simple moving average of $110.48 and a 200-day simple moving average of $113.20. The firm has a market capitalization of $3.50 billion, a P/E ratio of 14.93 and a beta of 1.02. iShares U.S. Financials ETF has a one year low of $92.00 and a one year high of $119.90.

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.