iShares U.S. Financials ETF (NYSEARCA:IYF) Shares Sold by Thrivent Financial for Lutherans

Thrivent Financial for Lutherans reduced its stake in iShares U.S. Financials ETF (NYSEARCA:IYF) by 0.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 110,340 shares of the company’s stock after selling 468 shares during the period. Thrivent Financial for Lutherans owned 0.40% of iShares U.S. Financials ETF worth $12,201,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently made changes to their positions in the stock. Glenview Trust co lifted its stake in shares of iShares U.S. Financials ETF by 34.4% in the 4th quarter. Glenview Trust co now owns 7,924 shares of the company’s stock worth $876,000 after acquiring an additional 2,029 shares during the period. Harbour Investments Inc. lifted its stake in shares of iShares U.S. Financials ETF by 122.3% in the 4th quarter. Harbour Investments Inc. now owns 2,877 shares of the company’s stock worth $318,000 after acquiring an additional 1,583 shares during the period. Tidemark LLC acquired a new stake in shares of iShares U.S. Financials ETF in the 4th quarter worth approximately $159,000. Picton Mahoney Asset Management acquired a new stake in iShares U.S. Financials ETF during the fourth quarter valued at approximately $100,000. Finally, May Barnhard Investments LLC acquired a new stake in iShares U.S. Financials ETF during the fourth quarter valued at approximately $688,000.

iShares U.S. Financials ETF Price Performance

IYF stock opened at $112.23 on Friday. iShares U.S. Financials ETF has a 12 month low of $89.10 and a 12 month high of $119.90. The firm has a market cap of $3.64 billion, a PE ratio of 15.00 and a beta of 1.08. The firm has a 50 day simple moving average of $115.21 and a 200 day simple moving average of $111.54.

About iShares U.S. Financials ETF

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.