Rise Advisors LLC Sells 195 Shares of iShares U.S. Financials ETF (NYSEARCA:IYF)

Rise Advisors LLC lessened its stake in shares of iShares U.S. Financials ETF (NYSEARCA:IYFFree Report) by 32.8% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 399 shares of the company’s stock after selling 195 shares during the quarter. Rise Advisors LLC’s holdings in iShares U.S. Financials ETF were worth $34,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Annis Gardner Whiting Capital Advisors LLC acquired a new stake in iShares U.S. Financials ETF during the 3rd quarter valued at $34,000. DHJJ Financial Advisors Ltd. acquired a new stake in shares of iShares U.S. Financials ETF in the 3rd quarter valued at $44,000. Missouri Trust & Investment Co acquired a new stake in shares of iShares U.S. Financials ETF in the 2nd quarter valued at $45,000. Washington Trust Advisors Inc. acquired a new stake in shares of iShares U.S. Financials ETF in the 3rd quarter valued at $49,000. Finally, Compass Wealth Management LLC acquired a new stake in shares of iShares U.S. Financials ETF in the 4th quarter valued at $87,000.

iShares U.S. Financials ETF Price Performance

Shares of NYSEARCA IYF traded up $0.14 during midday trading on Tuesday, hitting $92.57. The stock had a trading volume of 6,042 shares, compared to its average volume of 176,092. The company’s 50-day simple moving average is $88.52 and its 200 day simple moving average is $81.88. The firm has a market cap of $2.24 billion, a P/E ratio of 9.21 and a beta of 1.03. iShares U.S. Financials ETF has a fifty-two week low of $66.91 and a fifty-two week high of $93.11.

About iShares U.S. Financials ETF

(Free Report)

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.

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Institutional Ownership by Quarter for iShares U.S. Financials ETF (NYSEARCA:IYF)

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