Prudent Investors Network Inc. Sells 735 Shares of iShares U.S. Financials ETF (NYSEARCA:IYF)

Prudent Investors Network Inc. reduced its stake in shares of iShares U.S. Financials ETF (NYSEARCA:IYF) by 23.1% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 2,452 shares of the company’s stock after selling 735 shares during the period. Prudent Investors Network Inc.’s holdings in iShares U.S. Financials ETF were worth $271,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in IYF. Capital Performance Advisors LLP bought a new stake in iShares U.S. Financials ETF in the third quarter worth $41,000. Bogart Wealth LLC lifted its stake in iShares U.S. Financials ETF by 34.2% in the third quarter. Bogart Wealth LLC now owns 416 shares of the company’s stock worth $43,000 after purchasing an additional 106 shares during the last quarter. Anchor Investment Management LLC lifted its stake in iShares U.S. Financials ETF by 320.0% in the third quarter. Anchor Investment Management LLC now owns 693 shares of the company’s stock worth $72,000 after purchasing an additional 528 shares during the last quarter. Concourse Financial Group Securities Inc. lifted its stake in iShares U.S. Financials ETF by 26.5% in the third quarter. Concourse Financial Group Securities Inc. now owns 879 shares of the company’s stock worth $91,000 after purchasing an additional 184 shares during the last quarter. Finally, Christopher J. Hasenberg Inc bought a new stake in iShares U.S. Financials ETF in the fourth quarter worth $130,000.

iShares U.S. Financials ETF Stock Down 0.5 %

iShares U.S. Financials ETF stock opened at $118.11 on Monday. The company has a market capitalization of $3.28 billion, a PE ratio of 16.14 and a beta of 0.84. The firm has a fifty day simple moving average of $114.23 and a two-hundred day simple moving average of $108.03. iShares U.S. Financials ETF has a twelve month low of $85.37 and a twelve month 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.