Fisher Asset Management LLC Has $206.49 Million Stock Position in iShares U.S. Financials ETF (NYSEARCA:IYF)

Fisher Asset Management LLC lowered its stake in shares of iShares U.S. Financials ETF (NYSEARCA:IYF) by 3.3% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,987,411 shares of the company’s stock after selling 67,578 shares during the period. Fisher Asset Management LLC owned approximately 7.16% of iShares U.S. Financials ETF worth $206,492,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in IYF. B. Riley Wealth Advisors Inc. increased its position in shares of iShares U.S. Financials ETF by 5.2% during the first quarter. B. Riley Wealth Advisors Inc. now owns 7,798 shares of the company’s stock worth $746,000 after acquiring an additional 384 shares in the last quarter. Comerica Bank increased its position in shares of iShares U.S. Financials ETF by 7.4% during the first quarter. Comerica Bank now owns 9,485 shares of the company’s stock worth $907,000 after acquiring an additional 652 shares in the last quarter. XML Financial LLC increased its position in shares of iShares U.S. Financials ETF by 1.4% during the first quarter. XML Financial LLC now owns 103,912 shares of the company’s stock worth $9,939,000 after acquiring an additional 1,433 shares in the last quarter. LRI Investments LLC bought a new stake in shares of iShares U.S. Financials ETF during the first quarter worth about $108,000. Finally, Cetera Investment Advisers increased its position in shares of iShares U.S. Financials ETF by 1,043.8% during the first quarter. Cetera Investment Advisers now owns 124,382 shares of the company’s stock worth $11,897,000 after acquiring an additional 113,508 shares in the last quarter.

iShares U.S. Financials ETF Price Performance

NYSEARCA:IYF opened at $118.61 on Tuesday. iShares U.S. Financials ETF has a one year low of $79.04 and a one year high of $119.03. The firm has a 50-day moving average of $108.51 and a 200-day moving average of $101.49. The company has a market cap of $3.29 billion, a PE 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.