Balboa Wealth Partners Decreases Position in iShares U.S. Financials ETF (NYSEARCA:IYF)

Balboa Wealth Partners lessened its holdings in iShares U.S. Financials ETF (NYSEARCA:IYF) by 21.8% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 22,666 shares of the company’s stock after selling 6,332 shares during the quarter. Balboa Wealth Partners’ holdings in iShares U.S. Financials ETF were worth $2,506,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Private Trust Co. NA grew its holdings in iShares U.S. Financials ETF by 50.5% in the 4th 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. Kestra Investment Management LLC bought a new stake in iShares U.S. Financials ETF in the 4th quarter worth $34,000. Newbridge Financial Services Group Inc. bought a new stake in iShares U.S. Financials ETF in the 4th quarter worth $37,000. Stonebridge Financial Group LLC bought a new stake in iShares U.S. Financials ETF in the 4th quarter worth $37,000. Finally, Arlington Trust Co LLC bought a new stake in iShares U.S. Financials ETF in the 4th quarter worth $41,000.

iShares U.S. Financials ETF Stock Up 0.2 %

Shares of iShares U.S. Financials ETF stock opened at $108.28 on Thursday. The firm has a market cap of $3.65 billion, a PE ratio of 15.26 and a beta of 1.08. iShares U.S. Financials ETF has a 12-month low of $89.10 and a 12-month high of $119.90. The company’s fifty day simple moving average is $115.14 and its two-hundred day simple moving average is $111.23.

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.