iShares U.S. Financials ETF (NYSEARCA:IYF) Shares Sold by Fisher Asset Management LLC

Fisher Asset Management LLC reduced its holdings in iShares U.S. Financials ETF (NYSEARCA:IYF) by 4.2% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,903,513 shares of the company’s stock after selling 83,898 shares during the quarter. Fisher Asset Management LLC owned approximately 0.07% of iShares U.S. Financials ETF worth $210,491,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Private Trust Co. NA increased its stake in iShares U.S. Financials ETF by 50.5% during the fourth quarter. Private Trust Co. NA now owns 301 shares of the company’s stock worth $33,000 after acquiring an additional 101 shares during the last quarter. Kovack Advisors Inc. increased its stake in iShares U.S. Financials ETF by 4.7% during the fourth quarter. Kovack Advisors Inc. now owns 19,828 shares of the company’s stock worth $2,193,000 after acquiring an additional 897 shares during the last quarter. Kellett Wealth Advisors LLC increased its stake in iShares U.S. Financials ETF by 4.4% during the fourth quarter. Kellett Wealth Advisors LLC now owns 2,848 shares of the company’s stock worth $315,000 after acquiring an additional 120 shares during the last quarter. Bank of New York Mellon Corp grew its stake in shares of iShares U.S. Financials ETF by 33.4% in the fourth quarter. Bank of New York Mellon Corp now owns 12,492 shares of the company’s stock valued at $1,381,000 after buying an additional 3,129 shares in the last quarter. Finally, IFP Advisors Inc grew its stake in shares of iShares U.S. Financials ETF by 569.1% in the fourth quarter. IFP Advisors Inc now owns 736 shares of the company’s stock valued at $81,000 after buying an additional 626 shares in the last quarter.

iShares U.S. Financials ETF Stock Performance

IYF stock opened at $118.40 on Friday. iShares U.S. Financials ETF has a 1 year low of $89.10 and a 1 year high of $119.90. The firm has a market cap of $4.00 billion, a P/E ratio of 15.26 and a beta of 1.08. The stock has a 50-day simple moving average of $115.11 and a 200-day simple moving average of $110.63.

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.