Atria Investments Inc Decreases Holdings in iShares U.S. Financials ETF $IYF

Atria Investments Inc decreased its position in iShares U.S. Financials ETF (NYSEARCA:IYF) by 25.1% during the 3rd quarter, Holdings Channel.com reports. The firm owned 15,513 shares of the company’s stock after selling 5,189 shares during the period. Atria Investments Inc’s holdings in iShares U.S. Financials ETF were worth $1,965,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of IYF. Davis Capital Management purchased a new stake in shares of iShares U.S. Financials ETF during the third quarter worth $35,000. Newbridge Financial Services Group Inc. raised its stake in shares of iShares U.S. Financials ETF by 39.2% during the 2nd quarter. Newbridge Financial Services Group Inc. now owns 465 shares of the company’s stock valued at $56,000 after purchasing an additional 131 shares during the period. Assetmark Inc. purchased a new stake in iShares U.S. Financials ETF during the 2nd quarter worth about $63,000. Root Financial Partners LLC purchased a new stake in iShares U.S. Financials ETF during the 3rd quarter worth about $63,000. Finally, Private Trust Co. NA grew its holdings in iShares U.S. Financials ETF by 106.7% during the 2nd quarter. Private Trust Co. NA now owns 705 shares of the company’s stock valued at $85,000 after buying an additional 364 shares in the last quarter.

iShares U.S. Financials ETF Trading Up 0.8%

Shares of iShares U.S. Financials ETF stock opened at $124.84 on Wednesday. The company’s 50-day moving average price is $128.73 and its 200-day moving average price is $125.77. iShares U.S. Financials ETF has a 12-month low of $95.34 and a 12-month high of $133.54. The company has a market cap of $4.13 billion, a price-to-earnings ratio of 16.42 and a beta of 1.02.

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.