Koshinski Asset Management Inc. Sells 165 Shares of iShares U.S. Financials ETF (NYSEARCA:IYF)

Koshinski Asset Management Inc. decreased its holdings in shares of iShares U.S. Financials ETF (NYSEARCA:IYF) by 1.0% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 15,625 shares of the company’s stock after selling 165 shares during the quarter. Koshinski Asset Management Inc. owned about 0.06% of iShares U.S. Financials ETF worth $1,623,000 as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of IYF. Somerset Group LLC increased 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 acquiring an additional 114 shares during the last quarter. Larson Financial Group LLC raised its position in iShares U.S. Financials ETF by 5.0% in the 2nd quarter. Larson Financial Group LLC now owns 2,623 shares of the company’s stock worth $248,000 after purchasing an additional 124 shares during the period. Global Trust Asset Management LLC raised its position in iShares U.S. Financials ETF by 81.1% in the 1st quarter. Global Trust Asset Management LLC now owns 335 shares of the company’s stock worth $32,000 after purchasing an additional 150 shares during the period. Concourse Financial Group Securities Inc. boosted its position in shares of iShares U.S. Financials ETF by 26.5% during the third quarter. Concourse Financial Group Securities Inc. now owns 879 shares of the company’s stock valued at $91,000 after buying an additional 184 shares during the period. Finally, CWM LLC grew its stake in shares of iShares U.S. Financials ETF by 5.0% during the first quarter. CWM LLC now owns 4,030 shares of the company’s stock valued at $385,000 after buying an additional 192 shares during the last quarter.

iShares U.S. Financials ETF Stock Performance

Shares of IYF stock opened at $106.92 on Monday. The stock has a 50 day moving average price of $101.93 and a 200 day moving average price of $97.44. iShares U.S. Financials ETF has a 52-week low of $70.45 and a 52-week high of $107.22. The firm has a market capitalization of $2.97 billion, a P/E ratio of 16.14 and a beta of 0.84.

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.