iShares U.S. Financials ETF $IYF Holdings Decreased by RPS Advisory Solutions LLC

RPS Advisory Solutions LLC cut its holdings in iShares U.S. Financials ETF (NYSEARCA:IYF) by 97.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,613 shares of the company’s stock after selling 66,298 shares during the quarter. RPS Advisory Solutions LLC’s holdings in iShares U.S. Financials ETF were worth $208,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Northwestern Mutual Wealth Management Co. raised its holdings in iShares U.S. Financials ETF by 488.4% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 3,913,622 shares of the company’s stock worth $504,583,000 after buying an additional 3,248,510 shares during the period. Bank of Montreal Can raised its holdings in iShares U.S. Financials ETF by 1,275.8% during the 3rd quarter. Bank of Montreal Can now owns 699,898 shares of the company’s stock worth $88,635,000 after buying an additional 649,026 shares during the period. Sagespring Wealth Partners LLC raised its holdings in iShares U.S. Financials ETF by 247.2% during the 4th quarter. Sagespring Wealth Partners LLC now owns 826,819 shares of the company’s stock worth $106,602,000 after buying an additional 588,659 shares during the period. Dynasty Wealth Management LLC acquired a new stake in iShares U.S. Financials ETF during the 3rd quarter worth about $34,595,000. Finally, AlphaCore Capital LLC raised its holdings in iShares U.S. Financials ETF by 947.3% during the 4th quarter. AlphaCore Capital LLC now owns 163,661 shares of the company’s stock worth $21,101,000 after buying an additional 148,034 shares during the period.

iShares U.S. Financials ETF Trading Down 1.2%

NYSEARCA IYF opened at $121.52 on Wednesday. The stock’s 50-day moving average price is $120.75 and its two-hundred day moving average price is $124.46. The company has a market cap of $3.33 billion, a PE ratio of 16.42 and a beta of 0.92. iShares U.S. Financials ETF has a 1 year low of $113.12 and a 1 year high of $133.54.

iShares U.S. Financials ETF Profile

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. The Company invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.