JPMorgan Chase & Co. Sells 222 Shares of iShares U.S. Financials ETF (NYSEARCA:IYF)

JPMorgan Chase & Co. reduced its stake in shares of iShares U.S. Financials ETF (NYSEARCA:IYF) by 0.5% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 45,353 shares of the company’s stock after selling 222 shares during the quarter. JPMorgan Chase & Co. owned about 0.16% of iShares U.S. Financials ETF worth $4,712,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Atria Investments Inc raised its stake in iShares U.S. Financials ETF by 3.7% during the 3rd quarter. Atria Investments Inc now owns 7,288 shares of the company’s stock worth $757,000 after buying an additional 261 shares during the period. Ironwood Wealth Management LLC. grew its stake in iShares U.S. Financials ETF by 4.9% in the second quarter. Ironwood Wealth Management LLC. now owns 5,936 shares of the company’s stock valued at $561,000 after acquiring an additional 279 shares during the period. Retirement Planning Group LLC increased its holdings in shares of iShares U.S. Financials ETF by 13.3% in the third quarter. Retirement Planning Group LLC now owns 2,961 shares of the company’s stock worth $308,000 after acquiring an additional 348 shares in the last quarter. The Manufacturers Life Insurance Company acquired a new stake in shares of iShares U.S. Financials ETF during the second quarter worth about $56,608,000. Finally, International Assets Investment Management LLC lifted its holdings in shares of iShares U.S. Financials ETF by 10,290.9% during the 3rd quarter. International Assets Investment Management LLC now owns 100,584 shares of the company’s stock valued at $10,451,000 after purchasing an additional 99,616 shares in the last quarter.

iShares U.S. Financials ETF Stock Performance

Shares of IYF opened at $115.80 on Friday. The firm has a market capitalization of $3.21 billion, a PE ratio of 16.14 and a beta of 0.84. The stock has a 50 day simple moving average of $113.87 and a 200 day simple moving average of $106.48. iShares U.S. Financials ETF has a 52-week low of $83.28 and a 52-week 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.