iShares U.S. Financials ETF $IYF Shares Sold by Koshinski Asset Management Inc.

Koshinski Asset Management Inc. lowered its holdings in shares of iShares U.S. Financials ETF (NYSEARCA:IYF) by 0.7% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 16,805 shares of the company’s stock after selling 110 shares during the period. Koshinski Asset Management Inc.’s holdings in iShares U.S. Financials ETF were worth $2,033,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in the business. Janney Montgomery Scott LLC increased its holdings in shares of iShares U.S. Financials ETF by 2.9% during the first quarter. Janney Montgomery Scott LLC now owns 54,837 shares of the company’s stock valued at $6,188,000 after purchasing an additional 1,569 shares during the period. Sowell Financial Services LLC bought a new position in iShares U.S. Financials ETF in the 1st quarter valued at about $281,000. Avior Wealth Management LLC increased its stake in iShares U.S. Financials ETF by 18.4% during the 1st quarter. Avior Wealth Management LLC now owns 16,222 shares of the company’s stock valued at $1,831,000 after buying an additional 2,518 shares during the period. Buck Wealth Strategies LLC bought a new stake in shares of iShares U.S. Financials ETF during the 1st quarter worth about $636,000. Finally, MinichMacGregor Wealth Management LLC raised its position in shares of iShares U.S. Financials ETF by 3.2% during the 1st quarter. MinichMacGregor Wealth Management LLC now owns 186,832 shares of the company’s stock worth $21,084,000 after buying an additional 5,827 shares in the last quarter.

iShares U.S. Financials ETF Price Performance

iShares U.S. Financials ETF stock opened at $121.30 on Friday. iShares U.S. Financials ETF has a 12-month low of $95.34 and a 12-month high of $128.07. The stock has a market capitalization of $4.05 billion, a PE ratio of 16.42 and a beta of 1.03. The firm has a 50 day simple moving average of $124.78 and a 200-day simple moving average of $118.60.

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.