iShares U.S. Financials ETF $IYF Shares Sold by Cetera Investment Advisers

Cetera Investment Advisers cut its holdings in shares of iShares U.S. Financials ETF (NYSEARCA:IYF) by 2.6% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 145,255 shares of the company’s stock after selling 3,949 shares during the period. Cetera Investment Advisers’ holdings in iShares U.S. Financials ETF were worth $17,091,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the business. Flagship Harbor Advisors LLC purchased a new stake in iShares U.S. Financials ETF in the 4th quarter valued at $26,000. Key Capital Management INC purchased a new position in iShares U.S. Financials ETF during the 4th quarter worth $28,000. Financial Life Planners purchased a new position in iShares U.S. Financials ETF during the 1st quarter worth $25,000. Hazlett Burt & Watson Inc. grew its position in iShares U.S. Financials ETF by 666.7% during the 4th quarter. Hazlett Burt & Watson Inc. now owns 230 shares of the company’s stock worth $30,000 after purchasing an additional 200 shares during the last quarter. Finally, Murphy & Mullick Capital Management Corp acquired a new position in iShares U.S. Financials ETF in the fourth quarter valued at $32,000.

iShares U.S. Financials ETF Stock Performance

Shares of NYSEARCA:IYF opened at $136.71 on Wednesday. The company has a 50-day simple moving average of $128.71 and a 200-day simple moving average of $125.23. iShares U.S. Financials ETF has a one year low of $113.62 and a one year high of $136.77. The stock has a market capitalization of $4.59 billion, a price-to-earnings ratio of 16.42 and a beta of 0.90.

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