iShares U.S. Financials ETF (NYSEARCA:IYF) Shares Sold by Capital Wealth Alliance LLC

Capital Wealth Alliance LLC lessened its position in shares of iShares U.S. Financials ETF (NYSEARCA:IYF) by 2.9% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 4,840 shares of the company’s stock after selling 145 shares during the quarter. Capital Wealth Alliance LLC’s holdings in iShares U.S. Financials ETF were worth $503,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. GPS Wealth Strategies Group LLC raised its stake in shares of iShares U.S. Financials ETF by 436.0% during the 2nd quarter. GPS Wealth Strategies Group LLC now owns 268 shares of the company’s stock worth $25,000 after buying an additional 218 shares during the last quarter. Rothschild Investment LLC acquired a new position in shares of iShares U.S. Financials ETF during the 2nd quarter worth $25,000. Bogart Wealth LLC raised its stake in shares of iShares U.S. Financials ETF by 34.2% during the 3rd quarter. Bogart Wealth LLC now owns 416 shares of the company’s stock worth $43,000 after buying an additional 106 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of iShares U.S. Financials ETF during the 2nd quarter worth $57,000. Finally, Concourse Financial Group Securities Inc. raised its stake in shares of iShares U.S. Financials ETF by 26.5% during the 3rd quarter. Concourse Financial Group Securities Inc. now owns 879 shares of the company’s stock worth $91,000 after buying an additional 184 shares during the last quarter.

iShares U.S. Financials ETF Stock Performance

iShares U.S. Financials ETF stock traded down $0.47 during midday trading on Monday, reaching $106.15. 16,749 shares of the company were exchanged, compared to its average volume of 199,204. The company has a market capitalization of $2.95 billion, a price-to-earnings ratio of 16.14 and a beta of 0.84. The firm’s 50-day simple moving average is $104.83 and its 200-day simple moving average is $99.04. iShares U.S. Financials ETF has a 1 year low of $75.12 and a 1 year high of $110.10.

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.