Capital Investment Advisors LLC Has $401,000 Stock Position in iShares U.S. Financials ETF (NYSEARCA:IYF)

Capital Investment Advisors LLC lowered its position in shares of iShares U.S. Financials ETF (NYSEARCA:IYF) by 3.9% in the fourth quarter, Holdings Channel reports. The institutional investor owned 3,628 shares of the company’s stock after selling 148 shares during the period. Capital Investment Advisors LLC’s holdings in iShares U.S. Financials ETF were worth $401,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently modified their holdings of IYF. Ironwood Wealth Management LLC. lifted its holdings in shares of iShares U.S. Financials ETF by 4.9% during the second quarter. Ironwood Wealth Management LLC. now owns 5,936 shares of the company’s stock worth $561,000 after buying an additional 279 shares in the last quarter. Bank of New York Mellon Corp lifted its holdings in shares of iShares U.S. Financials ETF by 193.2% during the second quarter. Bank of New York Mellon Corp now owns 7,498 shares of the company’s stock worth $709,000 after buying an additional 4,941 shares in the last quarter. Choreo LLC acquired a new stake in shares of iShares U.S. Financials ETF during the second quarter worth $224,000. Envestnet Asset Management Inc. lifted its holdings in shares of iShares U.S. Financials ETF by 24.7% during the second quarter. Envestnet Asset Management Inc. now owns 96,524 shares of the company’s stock worth $9,128,000 after buying an additional 19,118 shares in the last quarter. Finally, Renaissance Technologies LLC acquired a new stake in shares of iShares U.S. Financials ETF during the second quarter worth $236,000.

iShares U.S. Financials ETF Stock Performance

Shares of NYSEARCA IYF opened at $113.84 on Thursday. iShares U.S. Financials ETF has a 52 week low of $83.28 and a 52 week high of $119.90. The stock has a market capitalization of $3.16 billion, a P/E ratio of 16.14 and a beta of 0.84. The stock’s fifty day moving average is $113.79 and its 200 day moving average is $106.22.

iShares U.S. Financials ETF Company 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.