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

RPS Advisory Solutions LLC reduced its stake in shares of iShares U.S. Financials ETF (NYSEARCA:IYF) by 2.8% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor 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 owned 0.12% of iShares U.S. Financials ETF worth $3,802,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently bought and sold shares of IYF. Bank of Montreal Can boosted its holdings in iShares U.S. Financials ETF by 705.1% in the third quarter. Bank of Montreal Can now owns 431,608 shares of the company’s stock worth $44,658,000 after purchasing an additional 377,999 shares in the last quarter. The Manufacturers Life Insurance Company boosted its holdings in iShares U.S. Financials ETF by 28.5% in the third quarter. The Manufacturers Life Insurance Company now owns 769,351 shares of the company’s stock worth $79,936,000 after purchasing an additional 170,769 shares in the last quarter. Apollon Wealth Management LLC boosted its holdings in iShares U.S. Financials ETF by 1,161.0% in the third quarter. Apollon Wealth Management LLC now owns 124,235 shares of the company’s stock worth $12,908,000 after purchasing an additional 114,383 shares in the last quarter. International Assets Investment Management LLC boosted its holdings in iShares U.S. Financials ETF by 10,290.9% in the third quarter. International Assets Investment Management LLC now owns 100,584 shares of the company’s stock worth $10,451,000 after purchasing an additional 99,616 shares in the last quarter. Finally, MinichMacGregor Wealth Management LLC bought a new stake in iShares U.S. Financials ETF in the third quarter worth $9,741,000.

iShares U.S. Financials ETF Trading Down 1.6 %

Shares of NYSEARCA:IYF opened at $117.33 on Friday. The stock has a market capitalization of $3.26 billion, a PE ratio of 16.14 and a beta of 0.84. iShares U.S. Financials ETF has a 1 year low of $88.73 and a 1 year high of $119.90. The firm has a fifty day moving average price of $114.48 and a 200 day moving average price of $109.64.

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.