iShares U.S. Financials ETF (NYSEARCA:IYF) Shares Sold by RPS Advisory Solutions LLC

RPS Advisory Solutions LLC decreased its position in shares of iShares U.S. Financials ETF (NYSEARCA:IYF) by 2.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 34,379 shares of the company’s stock after selling 987 shares during the period. iShares U.S. Financials ETF accounts for 2.4% of RPS Advisory Solutions LLC’s investment portfolio, making the stock its 9th biggest holding. RPS Advisory Solutions LLC’s holdings in iShares U.S. Financials ETF were worth $3,802,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Kestra Investment Management LLC acquired a new position in iShares U.S. Financials ETF during the 4th quarter worth $34,000. Newbridge Financial Services Group Inc. acquired a new position in iShares U.S. Financials ETF during the 4th quarter worth $37,000. Stonebridge Financial Group LLC acquired a new position in iShares U.S. Financials ETF during the 4th quarter worth $37,000. Capital Performance Advisors LLP acquired a new position in shares of iShares U.S. Financials ETF during the third quarter valued at about $41,000. Finally, Arlington Trust Co LLC acquired a new position in shares of iShares U.S. Financials ETF during the fourth quarter valued at about $41,000.

iShares U.S. Financials ETF Stock Performance

Shares of IYF opened at $117.33 on Friday. The company has a 50-day simple moving average of $114.48 and a 200-day simple moving average of $109.64. The firm has a market capitalization of $3.26 billion, a P/E ratio of 16.14 and a beta of 0.84. iShares U.S. Financials ETF has a 52 week low of $88.73 and a 52 week high of $119.90.

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.