Balboa Wealth Partners Reduces Stock Position in iShares U.S. Financials ETF (NYSEARCA:IYF)

Balboa Wealth Partners cut its position in iShares U.S. Financials ETF (NYSEARCA:IYF) by 2.2% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 28,998 shares of the company’s stock after selling 644 shares during the period. iShares U.S. Financials ETF makes up about 0.8% of Balboa Wealth Partners’ investment portfolio, making the stock its 23rd largest holding. Balboa Wealth Partners owned about 0.10% of iShares U.S. Financials ETF worth $3,013,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in IYF. Wulff Hansen & CO. boosted its position in shares of iShares U.S. Financials ETF by 9,357.0% during the second quarter. Wulff Hansen & CO. now owns 262,432 shares of the company’s stock worth $24,818,000 after acquiring an additional 259,657 shares during the last quarter. Cetera Advisors LLC raised its position in iShares U.S. Financials ETF by 201.1% during the 1st quarter. Cetera Advisors LLC now owns 15,762 shares of the company’s stock worth $1,508,000 after buying an additional 10,528 shares during the last quarter. Cambridge Investment Research Advisors Inc. increased its holdings in shares of iShares U.S. Financials ETF by 10.5% during the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 107,725 shares of the company’s stock valued at $10,188,000 after purchasing an additional 10,214 shares in the last quarter. Ironwood Wealth Management LLC. grew its stake in iShares U.S. Financials ETF by 4.9% in the 2nd quarter. Ironwood Wealth Management LLC. now owns 5,936 shares of the company’s stock valued at $561,000 after acquiring an additional 279 shares during the period. Finally, Comerica Bank boosted its stake in iShares U.S. Financials ETF by 7.4% during the 1st quarter. Comerica Bank now owns 9,485 shares of the company’s stock worth $907,000 after purchasing an additional 652 shares during the last quarter.

iShares U.S. Financials ETF Stock Down 0.2 %

NYSEARCA IYF opened at $114.82 on Friday. The firm has a market cap of $3.19 billion, a PE ratio of 16.14 and a beta of 0.84. iShares U.S. Financials ETF has a 52 week low of $77.71 and a 52 week high of $116.06. The business’s fifty day simple moving average is $106.20 and its 200-day simple moving average is $100.13.

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.