United Capital Financial Advisors LLC Reduces Position in iShares U.S. Financials ETF (NYSEARCA:IYF)

United Capital Financial Advisors LLC reduced its stake in iShares U.S. Financials ETF (NYSEARCA:IYF) by 0.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 82,621 shares of the company’s stock after selling 586 shares during the quarter. United Capital Financial Advisors LLC owned about 0.30% of iShares U.S. Financials ETF worth $9,136,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in the stock. Private Trust Co. NA lifted its holdings in iShares U.S. Financials ETF by 50.5% in the 4th quarter. Private Trust Co. NA now owns 301 shares of the company’s stock valued at $33,000 after purchasing an additional 101 shares in the last quarter. Kestra Investment Management LLC purchased a new stake in shares of iShares U.S. Financials ETF in the fourth quarter valued at $34,000. Newbridge Financial Services Group Inc. purchased a new position in iShares U.S. Financials ETF during the fourth quarter worth about $37,000. Stonebridge Financial Group LLC acquired a new stake in iShares U.S. Financials ETF in the 4th quarter worth about $37,000. Finally, Lee Danner & Bass Inc. acquired a new stake in iShares U.S. Financials ETF in the 4th quarter worth about $39,000.

iShares U.S. Financials ETF Price Performance

NYSEARCA IYF opened at $106.69 on Wednesday. The company has a 50-day moving average of $112.01 and a 200-day moving average of $112.21. iShares U.S. Financials ETF has a 12 month low of $89.10 and a 12 month high of $119.90. The company has a market cap of $3.51 billion, a P/E ratio of 15.34 and a beta of 0.99.

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.