iShares U.S. Financials ETF (NYSEARCA:IYF) Shares Sold by Corient Private Wealth LLC

Corient Private Wealth LLC lessened its stake in iShares U.S. Financials ETF (NYSEARCA:IYF) by 11.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 17,969 shares of the company’s stock after selling 2,313 shares during the period. Corient Private Wealth LLC owned 0.06% of iShares U.S. Financials ETF worth $1,987,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently made changes to their positions in the company. Private Trust Co. NA boosted its stake in iShares U.S. Financials ETF by 50.5% during the 4th quarter. Private Trust Co. NA now owns 301 shares of the company’s stock worth $33,000 after purchasing an additional 101 shares during the period. Kestra Investment Management LLC purchased a new position in shares of iShares U.S. Financials ETF during the fourth quarter worth about $34,000. Newbridge Financial Services Group Inc. acquired a new position in iShares U.S. Financials ETF in the 4th quarter valued at about $37,000. Stonebridge Financial Group LLC purchased a new stake in iShares U.S. Financials ETF during the 4th quarter valued at approximately $37,000. Finally, Arlington Trust Co LLC acquired a new stake in iShares U.S. Financials ETF during the 4th quarter worth approximately $41,000.

iShares U.S. Financials ETF Trading Up 1.9 %

NYSEARCA:IYF opened at $114.34 on Tuesday. iShares U.S. Financials ETF has a 12-month low of $89.10 and a 12-month high of $119.90. The stock’s 50 day simple moving average is $115.31 and its 200-day simple moving average is $111.73. The firm has a market cap of $3.70 billion, a P/E ratio of 15.00 and a beta of 1.08.

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.