iShares U.S. Financials ETF (NYSEARCA:IYF) Short Interest Down 14.0% in January

iShares U.S. Financials ETF (NYSEARCA:IYF) saw a significant decrease in short interest during the month of January. As of January 30th, there was short interest totaling 621,486 shares, a decrease of 14.0% from the January 15th total of 722,682 shares. Based on an average trading volume of 480,301 shares, the short-interest ratio is presently 1.3 days. Currently, 1.9% of the company’s stock are sold short. Currently, 1.9% of the company’s stock are sold short. Based on an average trading volume of 480,301 shares, the short-interest ratio is presently 1.3 days.

Institutional Investors Weigh In On iShares U.S. Financials ETF

Institutional investors have recently added to or reduced their stakes in the business. Somerset Group LLC increased its holdings in shares of iShares U.S. Financials ETF by 0.3% during the third quarter. Somerset Group LLC now owns 24,836 shares of the company’s stock valued at $3,145,000 after acquiring an additional 82 shares in the last quarter. Lpwm LLC raised its holdings in shares of iShares U.S. Financials ETF by 1.8% in the fourth quarter. Lpwm LLC now owns 4,871 shares of the company’s stock worth $628,000 after buying an additional 86 shares during the last quarter. SeaCrest Wealth Management LLC lifted its stake in shares of iShares U.S. Financials ETF by 3.9% during the third quarter. SeaCrest Wealth Management LLC now owns 2,399 shares of the company’s stock worth $300,000 after buying an additional 90 shares during the period. J.W. Cole Advisors Inc. grew its holdings in shares of iShares U.S. Financials ETF by 0.6% during the third quarter. J.W. Cole Advisors Inc. now owns 16,692 shares of the company’s stock valued at $2,114,000 after buying an additional 93 shares during the last quarter. Finally, Root Financial Partners LLC increased its position in shares of iShares U.S. Financials ETF by 19.4% in the 4th quarter. Root Financial Partners LLC now owns 597 shares of the company’s stock valued at $77,000 after acquiring an additional 97 shares during the period.

iShares U.S. Financials ETF Trading Up 0.9%

Shares of IYF stock traded up $1.11 during trading hours on Tuesday, reaching $124.94. 206,879 shares of the company’s stock were exchanged, compared to its average volume of 437,635. iShares U.S. Financials ETF has a fifty-two week low of $95.34 and a fifty-two week high of $133.54. The stock’s 50 day moving average is $128.76 and its 200-day moving average is $125.73. The company has a market cap of $4.13 billion, a price-to-earnings ratio of 16.42 and a beta of 1.02.

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. The Company invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.