iShares U.S. Financials ETF (NYSEARCA:IYF) Shares Sold by Keeley Teton Advisors LLC

Keeley Teton Advisors LLC lessened its holdings in shares of iShares U.S. Financials ETF (NYSEARCA:IYF) by 2.4% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 6,460 shares of the company’s stock after selling 160 shares during the quarter. Keeley Teton Advisors LLC’s holdings in iShares U.S. Financials ETF were worth $714,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Schroder Investment Management Group lifted its position in shares of iShares U.S. Financials ETF by 326.7% during the fourth quarter. Schroder Investment Management Group now owns 1,118,327 shares of the company’s stock worth $123,653,000 after purchasing an additional 856,252 shares during the last quarter. LPL Financial LLC raised its stake in iShares U.S. Financials ETF by 33.8% during the fourth quarter. LPL Financial LLC now owns 678,478 shares of the company’s stock valued at $75,026,000 after buying an additional 171,559 shares in the last quarter. Bank of Montreal Can lifted its holdings in iShares U.S. Financials ETF by 51.3% during the 4th quarter. Bank of Montreal Can now owns 652,991 shares of the company’s stock worth $72,208,000 after buying an additional 221,383 shares during the last quarter. Wells Fargo & Company MN grew its position in shares of iShares U.S. Financials ETF by 56.7% in the 4th quarter. Wells Fargo & Company MN now owns 495,995 shares of the company’s stock worth $54,847,000 after acquiring an additional 179,535 shares in the last quarter. Finally, Commonwealth Equity Services LLC grew its position in shares of iShares U.S. Financials ETF by 95.8% in the 4th quarter. Commonwealth Equity Services LLC now owns 241,559 shares of the company’s stock worth $26,712,000 after acquiring an additional 118,180 shares in the last quarter.

iShares U.S. Financials ETF Trading Down 1.6 %

IYF stock opened at $104.97 on Thursday. The stock’s 50 day simple moving average is $111.74 and its 200 day simple moving average is $112.16. iShares U.S. Financials ETF has a 12-month low of $89.16 and a 12-month high of $119.90. The firm has a market cap of $3.45 billion, a P/E ratio of 15.34 and a beta of 0.99.

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.