iShares U.S. Financials ETF (NYSEARCA:IYF) Shares Sold by United Capital Financial Advisors LLC

United Capital Financial Advisors LLC cut its position in shares of iShares U.S. Financials ETF (NYSEARCA:IYF) by 0.7% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 82,621 shares of the company’s stock after selling 586 shares during the quarter. United Capital Financial Advisors LLC’s holdings in iShares U.S. Financials ETF were worth $9,136,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Private Trust Co. NA increased its position in iShares U.S. Financials ETF by 50.5% during the 4th 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. Kestra Investment Management LLC purchased a new stake in iShares U.S. Financials ETF during the fourth quarter worth approximately $34,000. Newbridge Financial Services Group Inc. acquired a new stake in shares of iShares U.S. Financials ETF in the fourth quarter worth $37,000. Stonebridge Financial Group LLC acquired a new stake in iShares U.S. Financials ETF in the 4th quarter valued at $37,000. Finally, Lee Danner & Bass Inc. acquired a new stake in shares of iShares U.S. Financials ETF in the fourth quarter valued at about $39,000.

iShares U.S. Financials ETF Trading Up 0.2 %

NYSEARCA IYF opened at $106.69 on Wednesday. iShares U.S. Financials ETF has a 52 week low of $89.10 and a 52 week high of $119.90. The stock has a market cap of $3.51 billion, a P/E ratio of 15.34 and a beta of 0.99. The company’s fifty day simple moving average is $112.01 and its 200-day simple moving average is $112.21.

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.