iShares U.S. Financials ETF (NYSEARCA:IYF) Position Decreased by First Citizens Financial Corp

First Citizens Financial Corp cut its holdings in shares of iShares U.S. Financials ETF (NYSEARCA:IYF) by 1.5% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 63,870 shares of the company’s stock after selling 999 shares during the quarter. iShares U.S. Financials ETF makes up 3.8% of First Citizens Financial Corp’s investment portfolio, making the stock its 3rd largest holding. First Citizens Financial Corp’s holdings in iShares U.S. Financials ETF were worth $7,063,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in the business. Rothschild Investment LLC bought a new position in iShares U.S. Financials ETF during the second quarter valued at $25,000. Capital Performance Advisors LLP purchased a new stake in iShares U.S. Financials ETF during the third quarter valued at about $41,000. Bogart Wealth LLC boosted its position in iShares U.S. Financials ETF by 34.2% during the third quarter. Bogart Wealth LLC now owns 416 shares of the company’s stock worth $43,000 after purchasing an additional 106 shares during the period. Anchor Investment Management LLC raised its position in shares of iShares U.S. Financials ETF by 320.0% in the third quarter. Anchor Investment Management LLC now owns 693 shares of the company’s stock valued at $72,000 after purchasing an additional 528 shares during the period. Finally, Concourse Financial Group Securities Inc. grew its stake in iShares U.S. Financials ETF by 26.5% in the 3rd quarter. Concourse Financial Group Securities Inc. now owns 879 shares of the company’s stock valued at $91,000 after buying an additional 184 shares in the last quarter.

iShares U.S. Financials ETF Trading Up 0.6 %

Shares of NYSEARCA IYF traded up $0.63 during mid-day trading on Friday, hitting $111.09. The company had a trading volume of 95,396 shares, compared to its average volume of 548,152. The stock’s 50-day moving average price is $113.27 and its 200-day moving average price is $105.14. The company has a market capitalization of $3.08 billion, a price-to-earnings ratio of 16.14 and a beta of 0.84. iShares U.S. Financials ETF has a 1 year low of $83.28 and a 1 year high of $119.90.

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.