Whittier Trust Co. of Nevada Inc. Cuts Stake in iShares U.S. Financials ETF (NYSEARCA:IYF)

Whittier Trust Co. of Nevada Inc. trimmed its position in shares of iShares U.S. Financials ETF (NYSEARCA:IYF) by 8.1% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 2,378 shares of the company’s stock after selling 210 shares during the quarter. Whittier Trust Co. of Nevada Inc.’s holdings in iShares U.S. Financials ETF were worth $263,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of IYF. Meridian Wealth Management LLC purchased a new stake in iShares U.S. Financials ETF during the 3rd quarter valued at about $361,000. WESPAC Advisors LLC grew its position in iShares U.S. Financials ETF by 27.4% during the 3rd quarter. WESPAC Advisors LLC now owns 10,465 shares of the company’s stock valued at $1,087,000 after purchasing an additional 2,252 shares during the last quarter. Larson Financial Group LLC grew its position in iShares U.S. Financials ETF by 5.5% during the 3rd quarter. Larson Financial Group LLC now owns 2,768 shares of the company’s stock valued at $288,000 after purchasing an additional 145 shares during the last quarter. Crewe Advisors LLC purchased a new stake in iShares U.S. Financials ETF during the 3rd quarter valued at about $180,000. Finally, 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 valued at $44,658,000 after purchasing an additional 377,999 shares during the last quarter.

iShares U.S. Financials ETF Stock Performance

IYF opened at $112.23 on Monday. The stock has a market capitalization of $3.64 billion, a P/E ratio of 15.00 and a beta of 1.08. The company’s 50-day simple moving average is $115.21 and its two-hundred day simple moving average is $111.65. iShares U.S. Financials ETF has a 52-week low of $89.10 and a 52-week 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.