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

Independence Bank of Kentucky lessened its stake in iShares U.S. Financials ETF (NYSEARCA:IYFFree Report) by 30.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 615 shares of the company’s stock after selling 275 shares during the quarter. Independence Bank of Kentucky’s holdings in iShares U.S. Financials ETF were worth $53,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the stock. The Manufacturers Life Insurance Company purchased a new stake in iShares U.S. Financials ETF during the 3rd quarter worth $89,003,000. SG Americas Securities LLC bought a new stake in shares of iShares U.S. Financials ETF during the 3rd quarter valued at about $63,114,000. 1832 Asset Management L.P. bought a new stake in shares of iShares U.S. Financials ETF during the 4th quarter valued at about $17,128,000. Prudential Financial Inc. grew its position in shares of iShares U.S. Financials ETF by 134.6% during the 2nd quarter. Prudential Financial Inc. now owns 187,845 shares of the company’s stock valued at $13,249,000 after buying an additional 107,770 shares during the last quarter. Finally, PGIM Custom Harvest LLC grew its position in shares of iShares U.S. Financials ETF by 48.5% during the 3rd quarter. PGIM Custom Harvest LLC now owns 250,304 shares of the company’s stock valued at $18,713,000 after buying an additional 81,729 shares during the last quarter.

iShares U.S. Financials ETF Stock Up 0.1 %

Shares of NYSEARCA:IYF opened at $94.53 on Thursday. iShares U.S. Financials ETF has a fifty-two week low of $68.31 and a fifty-two week high of $95.88. The firm has a 50-day simple moving average of $90.60 and a 200 day simple moving average of $83.22. The company has a market cap of $2.29 billion, a PE ratio of 9.21 and a beta of 1.03.

iShares U.S. Financials ETF Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for iShares U.S. Financials ETF (NYSEARCA:IYF)

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