Fisher Asset Management LLC Decreases Stake in iShares U.S. Financials ETF (NYSEARCA:IYF)

Fisher Asset Management LLC cut its holdings in iShares U.S. Financials ETF (NYSEARCA:IYF) by 4.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,903,513 shares of the company’s stock after selling 83,898 shares during the quarter. Fisher Asset Management LLC owned 6.86% of iShares U.S. Financials ETF worth $210,491,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of IYF. Private Trust Co. NA boosted its position 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 purchasing an additional 101 shares in the last quarter. Kellett Wealth Advisors LLC lifted its position in shares of iShares U.S. Financials ETF by 4.4% in the fourth quarter. Kellett Wealth Advisors LLC now owns 2,848 shares of the company’s stock valued at $315,000 after acquiring an additional 120 shares in the last quarter. Larson Financial Group LLC lifted its position in shares of iShares U.S. Financials ETF by 5.5% in the third quarter. Larson Financial Group LLC now owns 2,768 shares of the company’s stock valued at $288,000 after acquiring an additional 145 shares in the last quarter. Principal Securities Inc. lifted its position in shares of iShares U.S. Financials ETF by 12.5% in the fourth quarter. Principal Securities Inc. now owns 1,366 shares of the company’s stock valued at $151,000 after acquiring an additional 152 shares in the last quarter. Finally, WESPAC Advisors LLC lifted its position in shares of iShares U.S. Financials ETF by 1.5% in the fourth quarter. WESPAC Advisors LLC now owns 10,621 shares of the company’s stock valued at $1,174,000 after acquiring an additional 156 shares in the last quarter.

iShares U.S. Financials ETF Stock Up 2.0 %

Shares of NYSEARCA:IYF opened at $118.40 on Friday. iShares U.S. Financials ETF has a 52-week low of $89.10 and a 52-week high of $119.90. The stock’s fifty day simple moving average is $115.11 and its 200-day simple moving average is $110.63. The company has a market capitalization of $4.00 billion, a P/E ratio of 15.26 and a beta of 1.08.

iShares U.S. Financials ETF Company 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.