Capital Wealth Alliance LLC Has $382,000 Stake in iShares U.S. Financials ETF $IYF

Capital Wealth Alliance LLC trimmed its holdings in iShares U.S. Financials ETF (NYSEARCA:IYF) by 29.1% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 3,388 shares of the company’s stock after selling 1,389 shares during the period. Capital Wealth Alliance LLC’s holdings in iShares U.S. Financials ETF were worth $382,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Accredited Wealth Management LLC acquired a new position in iShares U.S. Financials ETF in the fourth quarter valued at about $29,000. Park Square Financial Group LLC acquired a new position in iShares U.S. Financials ETF in the first quarter valued at about $34,000. Sound Income Strategies LLC acquired a new position in shares of iShares U.S. Financials ETF during the first quarter worth about $34,000. Trust Co. of Vermont acquired a new position in shares of iShares U.S. Financials ETF during the first quarter worth about $35,000. Finally, Golden State Wealth Management LLC boosted its position in shares of iShares U.S. Financials ETF by 69.0% during the first quarter. Golden State Wealth Management LLC now owns 311 shares of the company’s stock worth $35,000 after buying an additional 127 shares during the period.

iShares U.S. Financials ETF Price Performance

IYF stock opened at $123.27 on Thursday. The stock has a market capitalization of $4.23 billion, a P/E ratio of 16.42 and a beta of 1.03. The business has a 50-day moving average of $120.87 and a 200-day moving average of $115.55. iShares U.S. Financials ETF has a fifty-two week low of $95.34 and a fifty-two week high of $124.56.

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.