Fisher Asset Management LLC Sells 50,544 Shares of iShares U.S. Financials ETF $IYF

Fisher Asset Management LLC cut its holdings in iShares U.S. Financials ETF (NYSEARCA:IYF) by 2.8% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,733,313 shares of the company’s stock after selling 50,544 shares during the period. Fisher Asset Management LLC owned about 0.05% of iShares U.S. Financials ETF worth $223,476,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Ransom Advisory Ltd bought a new stake in shares of iShares U.S. Financials ETF in the 4th quarter worth about $26,000. Flagship Harbor Advisors LLC bought a new stake in shares of iShares U.S. Financials ETF in the 4th quarter worth about $26,000. Financial Life Planners bought a new position in iShares U.S. Financials ETF during the 3rd quarter valued at about $27,000. Key Capital Management INC bought a new position in iShares U.S. Financials ETF during the 4th quarter valued at about $28,000. Finally, BNP Paribas Financial Markets bought a new position in iShares U.S. Financials ETF during the 3rd quarter valued at about $34,000.

iShares U.S. Financials ETF Stock Performance

Shares of NYSEARCA:IYF opened at $123.79 on Tuesday. The company has a market capitalization of $3.39 billion, a price-to-earnings ratio of 16.42 and a beta of 0.92. iShares U.S. Financials ETF has a 12 month low of $113.12 and a 12 month high of $133.54. The firm’s 50-day moving average is $121.18 and its 200 day moving average is $124.49.

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