iShares U.S. Financials ETF (NYSEARCA:IYF) Shares Sold by Ironwood Financial llc

Ironwood Financial llc cut its holdings in shares of iShares U.S. Financials ETF (NYSEARCA:IYF) by 41.6% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 3,501 shares of the company’s stock after selling 2,495 shares during the period. Ironwood Financial llc’s holdings in iShares U.S. Financials ETF were worth $387,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. The Manufacturers Life Insurance Company acquired a new position in shares of iShares U.S. Financials ETF during the 2nd quarter worth about $56,608,000. Bank of Montreal Can grew its position in iShares U.S. Financials ETF by 705.1% during the 3rd quarter. Bank of Montreal Can now owns 431,608 shares of the company’s stock worth $44,658,000 after purchasing an additional 377,999 shares during the last quarter. Apollon Wealth Management LLC raised its stake in iShares U.S. Financials ETF by 1,161.0% during the 3rd quarter. Apollon Wealth Management LLC now owns 124,235 shares of the company’s stock valued at $12,908,000 after acquiring an additional 114,383 shares during the last quarter. International Assets Investment Management LLC lifted its holdings in shares of iShares U.S. Financials ETF by 10,290.9% during the third quarter. International Assets Investment Management LLC now owns 100,584 shares of the company’s stock worth $10,451,000 after purchasing an additional 99,616 shares during the period. Finally, MinichMacGregor Wealth Management LLC acquired a new stake in shares of iShares U.S. Financials ETF in the 3rd quarter worth $9,741,000.

iShares U.S. Financials ETF Price Performance

Shares of IYF stock opened at $115.80 on Monday. The business’s fifty day moving average price is $113.87 and its 200 day moving average price is $106.63. The firm has a market capitalization of $3.21 billion, a PE 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.

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.