HC Advisors LLC Cuts Holdings in iShares U.S. Financials ETF (NYSEARCA:IYF)

HC Advisors LLC lessened its stake in shares of iShares U.S. Financials ETF (NYSEARCA:IYF) by 4.9% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 38,563 shares of the company’s stock after selling 2,005 shares during the period. iShares U.S. Financials ETF comprises approximately 3.4% of HC Advisors LLC’s investment portfolio, making the stock its 9th largest holding. HC Advisors LLC’s holdings in iShares U.S. Financials ETF were worth $4,264,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Kestra Investment Management LLC bought a new stake in iShares U.S. Financials ETF during the fourth quarter worth about $34,000. Newbridge Financial Services Group Inc. bought a new stake in iShares U.S. Financials ETF during the fourth quarter worth about $37,000. Stonebridge Financial Group LLC bought a new stake in iShares U.S. Financials ETF during the fourth quarter worth about $37,000. Capital Performance Advisors LLP bought a new stake in iShares U.S. Financials ETF during the third quarter worth about $41,000. Finally, Arlington Trust Co LLC bought a new stake in iShares U.S. Financials ETF during the fourth quarter worth about $41,000.

iShares U.S. Financials ETF Stock Performance

IYF opened at $116.11 on Friday. iShares U.S. Financials ETF has a 52-week low of $89.10 and a 52-week high of $119.90. The firm has a market capitalization of $3.92 billion, a PE ratio of 15.26 and a beta of 1.08. The business’s 50-day simple moving average is $114.95 and its 200 day simple moving average is $110.38.

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.