Watts Gwilliam & Co. LLC Sells 392 Shares of iShares U.S. Financials ETF (NYSEARCA:IYF)

Watts Gwilliam & Co. LLC lessened its holdings in shares of iShares U.S. Financials ETF (NYSEARCA:IYF) by 5.7% in the fourth quarter, Holdings Channel.com reports. The fund owned 6,426 shares of the company’s stock after selling 392 shares during the period. Watts Gwilliam & Co. LLC’s holdings in iShares U.S. Financials ETF were worth $713,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Bogart Wealth LLC raised its holdings in iShares U.S. Financials ETF by 34.2% in the 3rd quarter. Bogart Wealth LLC now owns 416 shares of the company’s stock worth $43,000 after purchasing an additional 106 shares in the last quarter. Somerset Group LLC lifted its position in iShares U.S. Financials ETF by 0.5% during the second quarter. Somerset Group LLC now owns 22,995 shares of the company’s stock valued at $2,175,000 after buying an additional 114 shares during the period. Larson Financial Group LLC increased its stake in shares of iShares U.S. Financials ETF by 5.5% in the 3rd quarter. Larson Financial Group LLC now owns 2,768 shares of the company’s stock worth $288,000 after acquiring an additional 145 shares in the last quarter. Concourse Financial Group Securities Inc. grew its holdings in iShares U.S. Financials ETF by 26.5% in the third quarter. Concourse Financial Group Securities Inc. now owns 879 shares of the company’s stock worth $91,000 after purchasing an additional 184 shares during the period. Finally, HCR Wealth Advisors increased its stake in shares of iShares U.S. Financials ETF by 5.0% during the third quarter. HCR Wealth Advisors now owns 4,124 shares of the company’s stock valued at $429,000 after purchasing an additional 195 shares in the last quarter.

iShares U.S. Financials ETF Stock Up 0.3 %

Shares of IYF opened at $111.28 on Friday. The stock has a market cap of $3.09 billion, a P/E ratio of 16.14 and a beta of 0.84. The business’s 50 day moving average price is $113.61 and its 200-day moving average price is $105.74. iShares U.S. Financials ETF has a 52 week low of $83.28 and a 52 week high of $119.90.

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.