iShares U.S. Financials ETF (NYSEARCA:IYF) Shares Sold by Independence Bank of Kentucky

Independence Bank of Kentucky trimmed its holdings in iShares U.S. Financials ETF (NYSEARCA:IYF) by 28.8% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 395 shares of the company’s stock after selling 160 shares during the period. Independence Bank of Kentucky’s holdings in iShares U.S. Financials ETF were worth $37,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. UBS Group AG raised its holdings in iShares U.S. Financials ETF by 9.7% in the fourth quarter. UBS Group AG now owns 369,733 shares of the company’s stock valued at $31,579,000 after acquiring an additional 32,596 shares in the last quarter. WASHINGTON TRUST Co increased its position in shares of iShares U.S. Financials ETF by 1.4% in the 1st quarter. WASHINGTON TRUST Co now owns 256,799 shares of the company’s stock worth $24,563,000 after purchasing an additional 3,605 shares during the last quarter. Osaic Holdings Inc. raised its stake in shares of iShares U.S. Financials ETF by 133.1% in the 1st quarter. Osaic Holdings Inc. now owns 186,794 shares of the company’s stock valued at $17,879,000 after purchasing an additional 106,650 shares in the last quarter. Magnus Financial Group LLC lifted its position in shares of iShares U.S. Financials ETF by 3.5% during the fourth quarter. Magnus Financial Group LLC now owns 178,759 shares of the company’s stock worth $15,268,000 after purchasing an additional 5,987 shares during the last quarter. Finally, Patten & Patten Inc. TN grew its stake in iShares U.S. Financials ETF by 2.5% in the first quarter. Patten & Patten Inc. TN now owns 127,930 shares of the company’s stock worth $12,237,000 after purchasing an additional 3,128 shares in the last quarter.

iShares U.S. Financials ETF Trading Up 1.1 %

iShares U.S. Financials ETF stock traded up $1.15 during midday trading on Friday, hitting $102.41. The stock had a trading volume of 39,809 shares, compared to its average volume of 176,387. The business has a fifty day moving average price of $97.61 and a 200 day moving average price of $94.38. iShares U.S. Financials ETF has a 12 month low of $70.45 and a 12 month high of $102.68. The stock has a market cap of $2.84 billion, a P/E ratio of 16.14 and a beta of 0.84.

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.