iShares U.S. Financials ETF (NYSEARCA:IYF) Shares Sold by HCR Wealth Advisors

HCR Wealth Advisors reduced its stake in shares of iShares U.S. Financials ETF (NYSEARCA:IYF) by 5.6% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 3,636 shares of the company’s stock after selling 215 shares during the quarter. HCR Wealth Advisors’ holdings in iShares U.S. Financials ETF were worth $410,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of IYF. Millennium Management LLC increased its holdings in shares of iShares U.S. Financials ETF by 0.7% during the 4th quarter. Millennium Management LLC now owns 16,659 shares of the company’s stock valued at $1,842,000 after purchasing an additional 108 shares in the last quarter. IFP Advisors Inc grew its position in iShares U.S. Financials ETF by 569.1% during the fourth quarter. IFP Advisors Inc now owns 736 shares of the company’s stock valued at $81,000 after buying an additional 626 shares during the period. NBC Securities Inc. grew its position in iShares U.S. Financials ETF by 143,700.0% during the first quarter. NBC Securities Inc. now owns 1,438 shares of the company’s stock valued at $162,000 after buying an additional 1,437 shares during the period. Atria Wealth Solutions Inc. purchased a new position in iShares U.S. Financials ETF in the fourth quarter valued at $210,000. Finally, Steward Partners Investment Advisory LLC raised its position in shares of iShares U.S. Financials ETF by 128.6% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 9,545 shares of the company’s stock worth $1,056,000 after acquiring an additional 5,369 shares during the period.

iShares U.S. Financials ETF Stock Up 1.0%

IYF stock opened at $115.49 on Thursday. The company’s 50-day simple moving average is $112.72 and its 200-day simple moving average is $113.12. iShares U.S. Financials ETF has a 52-week low of $92.83 and a 52-week high of $119.90. The firm has a market cap of $3.52 billion, a P/E ratio of 14.93 and a beta of 1.02.

iShares U.S. Financials ETF 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.