iShares U.S. Financials ETF $IYF Shares Sold by Harmony Asset Management LLC

Harmony Asset Management LLC lowered its position in iShares U.S. Financials ETF (NYSEARCA:IYF) by 36.0% during the fourth quarter, Holdings Channel.com reports. The fund owned 10,421 shares of the company’s stock after selling 5,867 shares during the quarter. Harmony Asset Management LLC’s holdings in iShares U.S. Financials ETF were worth $1,344,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in IYF. Northwestern Mutual Wealth Management Co. boosted its holdings in iShares U.S. Financials ETF by 488.4% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 3,913,622 shares of the company’s stock valued at $504,583,000 after acquiring an additional 3,248,510 shares during the last quarter. Bank of Montreal Can boosted its holdings in iShares U.S. Financials ETF by 1,275.8% in the third quarter. Bank of Montreal Can now owns 699,898 shares of the company’s stock valued at $88,635,000 after acquiring an additional 649,026 shares during the last quarter. Sagespring Wealth Partners LLC boosted its holdings in iShares U.S. Financials ETF by 247.2% in the fourth quarter. Sagespring Wealth Partners LLC now owns 826,819 shares of the company’s stock valued at $106,602,000 after acquiring an additional 588,659 shares during the last quarter. AlphaCore Capital LLC boosted its holdings in iShares U.S. Financials ETF by 947.3% in the fourth quarter. AlphaCore Capital LLC now owns 163,661 shares of the company’s stock valued at $21,101,000 after acquiring an additional 148,034 shares during the last quarter. Finally, Camarda Financial Advisors LLC acquired a new position in iShares U.S. Financials ETF in the second quarter valued at $13,689,000.

iShares U.S. Financials ETF Trading Up 1.2%

Shares of iShares U.S. Financials ETF stock opened at $122.97 on Thursday. iShares U.S. Financials ETF has a twelve month low of $113.12 and a twelve month high of $133.54. The stock has a market capitalization of $3.37 billion, a P/E ratio of 16.42 and a beta of 0.92. The business’s fifty day moving average price is $120.82 and its 200 day moving average price is $124.46.

iShares U.S. Financials ETF Company 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.