iShares U.S. Financials ETF (NYSEARCA:IYF) Shares Sold by Savant Capital LLC

Savant Capital LLC lessened its stake in shares of iShares U.S. Financials ETF (NYSEARCA:IYF) by 2.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 4,629 shares of the company’s stock after selling 93 shares during the quarter. Savant Capital LLC’s holdings in iShares U.S. Financials ETF were worth $512,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. The Manufacturers Life Insurance Company lifted its stake in shares of iShares U.S. Financials ETF by 28.5% during the third quarter. The Manufacturers Life Insurance Company now owns 769,351 shares of the company’s stock worth $79,936,000 after purchasing an additional 170,769 shares in the last quarter. Bank of Montreal Can lifted its stake in shares of iShares U.S. Financials ETF by 705.1% in the third quarter. Bank of Montreal Can now owns 431,608 shares of the company’s stock worth $44,658,000 after acquiring an additional 377,999 shares in the last quarter. Magnus Financial Group LLC lifted its stake in shares of iShares U.S. Financials ETF by 2.4% in the fourth quarter. Magnus Financial Group LLC now owns 193,219 shares of the company’s stock worth $21,366,000 after acquiring an additional 4,573 shares in the last quarter. MinichMacGregor Wealth Management LLC lifted its stake in shares of iShares U.S. Financials ETF by 93.1% in the fourth quarter. MinichMacGregor Wealth Management LLC now owns 181,005 shares of the company’s stock worth $20,016,000 after acquiring an additional 87,248 shares in the last quarter. Finally, Apollon Wealth Management LLC lifted its stake in shares of iShares U.S. Financials ETF by 1,161.0% in the third quarter. Apollon Wealth Management LLC now owns 124,235 shares of the company’s stock worth $12,908,000 after acquiring an additional 114,383 shares in the last quarter.

iShares U.S. Financials ETF Stock Performance

NYSEARCA:IYF opened at $118.50 on Monday. iShares U.S. Financials ETF has a one year low of $88.19 and a one year high of $119.90. The business’s 50-day simple moving average is $114.23 and its 200 day simple moving average is $109.22. The stock has a market cap of $3.29 billion, a price-to-earnings ratio of 16.14 and a beta of 0.84.

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.