Fisher Asset Management LLC Sells 67,578 Shares of iShares U.S. Financials ETF (NYSEARCA:IYF)

Fisher Asset Management LLC trimmed its position in iShares U.S. Financials ETF (NYSEARCA:IYF) by 3.3% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 1,987,411 shares of the company’s stock after selling 67,578 shares during the period. Fisher Asset Management LLC owned about 0.07% of iShares U.S. Financials ETF worth $206,492,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in IYF. GPS Wealth Strategies Group LLC grew its position 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 valued at $25,000 after acquiring an additional 218 shares during the period. Rothschild Investment LLC bought a new position in shares of iShares U.S. Financials ETF during the 2nd quarter valued at approximately $25,000. Capital Performance Advisors LLP bought a new position in shares of iShares U.S. Financials ETF during the 3rd quarter valued at approximately $41,000. Bogart Wealth LLC grew its position 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 valued at $43,000 after acquiring an additional 106 shares during the period. Finally, Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of iShares U.S. Financials ETF during the 2nd quarter valued at approximately $57,000.

iShares U.S. Financials ETF Stock Up 0.7 %

iShares U.S. Financials ETF stock opened at $118.61 on Tuesday. iShares U.S. Financials ETF has a twelve month low of $79.04 and a twelve month high of $119.03. The firm has a 50 day moving average price of $108.51 and a 200-day moving average price of $101.49. The company has a market capitalization of $3.29 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.