Advisortrust Partners LLC Has $36,000 Stock Holdings in iShares U.S. Financials ETF $IYF

Advisortrust Partners LLC lowered its holdings in shares of iShares U.S. Financials ETF (NYSEARCA:IYF) by 99.7% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 307 shares of the company’s stock after selling 88,628 shares during the period. Advisortrust Partners LLC’s holdings in iShares U.S. Financials ETF were worth $36,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in the business. AQR Capital Management LLC bought a new stake in shares of iShares U.S. Financials ETF during the first quarter valued at approximately $426,000. Integrated Wealth Concepts LLC grew its position in iShares U.S. Financials ETF by 45.7% in the 1st quarter. Integrated Wealth Concepts LLC now owns 4,282 shares of the company’s stock valued at $483,000 after purchasing an additional 1,343 shares during the period. Jane Street Group LLC acquired a new stake in iShares U.S. Financials ETF in the 1st quarter valued at $247,000. Focus Partners Wealth increased its stake in iShares U.S. Financials ETF by 8.6% during the 1st quarter. Focus Partners Wealth now owns 2,093 shares of the company’s stock valued at $236,000 after purchasing an additional 165 shares in the last quarter. Finally, First Trust Advisors LP increased its stake in iShares U.S. Financials ETF by 33.7% during the 2nd quarter. First Trust Advisors LP now owns 2,557 shares of the company’s stock valued at $309,000 after purchasing an additional 645 shares in the last quarter.

iShares U.S. Financials ETF Price Performance

NYSEARCA:IYF opened at $133.63 on Friday. The firm has a 50-day moving average of $127.06 and a 200-day moving average of $125.10. The company has a market cap of $4.37 billion, a PE ratio of 16.42 and a beta of 0.90. iShares U.S. Financials ETF has a one year low of $113.62 and a one year high of $135.27.

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