iShares U.S. Financials ETF $IYF is Finley Financial LLC’s 9th Largest Position

Finley Financial LLC trimmed its position in shares of iShares U.S. Financials ETF (NYSEARCA:IYF) by 16.6% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 58,550 shares of the company’s stock after selling 11,670 shares during the period. iShares U.S. Financials ETF comprises about 3.5% of Finley Financial LLC’s portfolio, making the stock its 9th biggest position. Finley Financial LLC owned 0.17% of iShares U.S. Financials ETF worth $7,549,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Ransom Advisory Ltd acquired a new position in iShares U.S. Financials ETF during the 4th quarter worth approximately $26,000. Financial Life Planners purchased a new stake in shares of iShares U.S. Financials ETF in the 3rd quarter valued at approximately $27,000. BNP Paribas Financial Markets acquired a new stake in shares of iShares U.S. Financials ETF in the 3rd quarter valued at $34,000. Davis Capital Management acquired a new stake in shares of iShares U.S. Financials ETF in the 3rd quarter valued at $35,000. Finally, Thurston Springer Miller Herd & Titak Inc. purchased a new stake in shares of iShares U.S. Financials ETF during the 4th quarter worth $38,000.

iShares U.S. Financials ETF Stock Performance

Shares of IYF stock opened at $118.40 on Monday. The firm has a fifty day moving average price of $122.01 and a 200 day moving average price of $124.72. The company has a market cap of $3.32 billion, a P/E ratio of 16.42 and a beta of 1.02. iShares U.S. Financials ETF has a 12 month low of $95.34 and a 12 month high of $133.54.

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