Creative Planning Has $1.80 Million Position in iShares U.S. Financials ETF $IYF

Creative Planning lessened its holdings in iShares U.S. Financials ETF (NYSEARCA:IYF) by 3.3% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 14,840 shares of the company’s stock after selling 502 shares during the quarter. Creative Planning’s holdings in iShares U.S. Financials ETF were worth $1,795,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Picton Mahoney Asset Management raised its stake in shares of iShares U.S. Financials ETF by 11.1% during the first quarter. Picton Mahoney Asset Management now owns 1,000 shares of the company’s stock valued at $113,000 after acquiring an additional 100 shares during the last quarter. National Bank of Canada FI increased its holdings in iShares U.S. Financials ETF by 1.4% in the first quarter. National Bank of Canada FI now owns 7,453 shares of the company’s stock valued at $841,000 after purchasing an additional 100 shares during the period. CreativeOne Wealth LLC raised its position in iShares U.S. Financials ETF by 1.7% during the 1st quarter. CreativeOne Wealth LLC now owns 5,963 shares of the company’s stock worth $673,000 after purchasing an additional 101 shares during the last quarter. Rise Advisors LLC lifted its holdings in iShares U.S. Financials ETF by 60.4% during the 2nd quarter. Rise Advisors LLC now owns 364 shares of the company’s stock worth $44,000 after buying an additional 137 shares during the period. Finally, D.A. Davidson & CO. grew its position in shares of iShares U.S. Financials ETF by 3.0% in the 2nd quarter. D.A. Davidson & CO. now owns 4,783 shares of the company’s stock valued at $579,000 after buying an additional 141 shares during the last quarter.

iShares U.S. Financials ETF Trading Up 0.9%

Shares of IYF stock opened at $125.08 on Thursday. The stock has a market cap of $4.15 billion, a price-to-earnings ratio of 16.42 and a beta of 1.02. The stock has a 50-day moving average of $123.90 and a 200-day moving average of $121.76. iShares U.S. Financials ETF has a 1-year low of $95.34 and a 1-year high of $128.07.

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.