Colony Family Offices LLC Has $2.87 Million Stake in iShares U.S. Financials ETF (NYSEARCA:IYF)

Colony Family Offices LLC reduced its stake in iShares U.S. Financials ETF (NYSEARCA:IYF) by 15.3% in the 3rd quarter, Holdings Channel reports. The firm owned 27,611 shares of the company’s stock after selling 4,980 shares during the period. iShares U.S. Financials ETF accounts for approximately 0.9% of Colony Family Offices LLC’s holdings, making the stock its 20th biggest position. Colony Family Offices LLC’s holdings in iShares U.S. Financials ETF were worth $2,869,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in IYF. GPS Wealth Strategies Group LLC grew its holdings in iShares U.S. Financials ETF by 436.0% in the 2nd quarter. GPS Wealth Strategies Group LLC now owns 268 shares of the company’s stock valued at $25,000 after buying an additional 218 shares during the last quarter. Rothschild Investment LLC bought a new stake in shares of iShares U.S. Financials ETF in the second quarter valued at approximately $25,000. Capital Performance Advisors LLP bought a new position in iShares U.S. Financials ETF during the third quarter worth $41,000. Bogart Wealth LLC raised its stake in iShares U.S. Financials ETF by 34.2% during the 3rd quarter. Bogart Wealth LLC now owns 416 shares of the company’s stock valued at $43,000 after purchasing an additional 106 shares during the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. bought a new stake in iShares U.S. Financials ETF in the 2nd quarter valued at $57,000.

iShares U.S. Financials ETF Stock Performance

NYSEARCA:IYF opened at $115.32 on Monday. The firm’s 50-day moving average is $106.73 and its 200-day moving average is $100.52. The company has a market cap of $3.20 billion, a price-to-earnings ratio of 16.14 and a beta of 0.84. iShares U.S. Financials ETF has a 52-week low of $78.00 and a 52-week high of $116.06.

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.