Fulcrum Equity Management Reduces Position in iShares US Financials ETF (NYSEARCA:IYF)

Fulcrum Equity Management cut its holdings in shares of iShares US Financials ETF (NYSEARCA:IYF) by 21.9% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 12,974 shares of the company’s stock after selling 3,629 shares during the quarter. Fulcrum Equity Management’s holdings in iShares US Financials ETF were worth $971,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Capital Asset Advisory Services LLC lifted its holdings in iShares US Financials ETF by 588.6% during the third quarter. Capital Asset Advisory Services LLC now owns 241 shares of the company’s stock valued at $27,000 after purchasing an additional 206 shares during the last quarter. RPG Investment Advisory LLC increased its position in shares of iShares US Financials ETF by 100.0% during the fourth quarter. RPG Investment Advisory LLC now owns 404 shares of the company’s stock valued at $27,000 after buying an additional 202 shares during the period. Glassman Wealth Services bought a new stake in shares of iShares US Financials ETF during the fourth quarter valued at about $27,000. Sugarloaf Wealth Management LLC increased its position in shares of iShares US Financials ETF by 100.0% in the fourth quarter. Sugarloaf Wealth Management LLC now owns 420 shares of the company’s stock worth $28,000 after purchasing an additional 210 shares during the last quarter. Finally, US Bancorp DE increased its position in shares of iShares US Financials ETF by 100.0% in the fourth quarter. US Bancorp DE now owns 478 shares of the company’s stock worth $32,000 after purchasing an additional 239 shares during the last quarter.

Shares of IYF stock traded down $0.19 during trading on Thursday, hitting $76.53. The company had a trading volume of 29,606 shares, compared to its average volume of 629,214. The stock’s 50-day moving average is $74.10 and its two-hundred day moving average is $66.99. iShares US Financials ETF has a 52 week low of $47.40 and a 52 week high of $76.96.

iShares US 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.

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Institutional Ownership by Quarter for iShares US Financials ETF (NYSEARCA:IYF)

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