WASHINGTON TRUST Co Has $7.44 Million Stake in iShares U.S. Financials ETF $IYF

WASHINGTON TRUST Co reduced its holdings in iShares U.S. Financials ETF (NYSEARCA:IYF) by 23.7% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 61,512 shares of the company’s stock after selling 19,095 shares during the period. WASHINGTON TRUST Co owned approximately 0.18% of iShares U.S. Financials ETF worth $7,442,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in IYF. Envestnet Asset Management Inc. boosted its stake in shares of iShares U.S. Financials ETF by 21.8% during the first quarter. Envestnet Asset Management Inc. now owns 111,800 shares of the company’s stock valued at $12,617,000 after purchasing an additional 19,987 shares during the period. CWM LLC grew its stake in shares of iShares U.S. Financials ETF by 23.5% during the 1st quarter. CWM LLC now owns 8,873 shares of the company’s stock valued at $1,001,000 after acquiring an additional 1,691 shares during the period. Sigma Planning Corp raised its position in shares of iShares U.S. Financials ETF by 19.3% during the first quarter. Sigma Planning Corp now owns 10,248 shares of the company’s stock valued at $1,157,000 after buying an additional 1,655 shares during the last quarter. Larson Financial Group LLC grew its holdings in shares of iShares U.S. Financials ETF by 3.7% in the first quarter. Larson Financial Group LLC now owns 2,895 shares of the company’s stock valued at $327,000 after purchasing an additional 102 shares in the last quarter. Finally, Napatree Capital LLC lifted its position in iShares U.S. Financials ETF by 22.4% in the first quarter. Napatree Capital LLC now owns 5,312 shares of the company’s stock worth $599,000 after buying an additional 972 shares during the last quarter.

iShares U.S. Financials ETF Stock Down 0.3%

IYF traded down $0.38 on Thursday, reaching $125.93. 25,251 shares of the company traded hands, compared to its average volume of 395,643. iShares U.S. Financials ETF has a one year low of $95.34 and a one year high of $128.07. The company has a market cap of $4.17 billion, a P/E ratio of 16.42 and a beta of 1.02. The firm has a fifty day simple moving average of $124.46 and a two-hundred day simple moving average of $121.00.

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.