WealthCare Investment Partners LLC lowered its holdings in iShares U.S. Financials ETF (NYSEARCA:IYF – Free Report) by 60.5% in the 2nd quarter, HoldingsChannel reports. The firm owned 4,424 shares of the company’s stock after selling 6,765 shares during the quarter. WealthCare Investment Partners LLC’s holdings in iShares U.S. Financials ETF were worth $330,000 as of its most recent SEC filing.
Several other large investors have also modified their holdings of the business. WealthPLAN Partners LLC bought a new position in shares of iShares U.S. Financials ETF during the 1st quarter worth approximately $29,000. Kalos Management Inc. bought a new position in shares of iShares U.S. Financials ETF during the 4th quarter worth approximately $32,000. Compass Wealth Management LLC bought a new position in shares of iShares U.S. Financials ETF during the 4th quarter worth approximately $87,000. Patriot Investment Management Group Inc. bought a new position in shares of iShares U.S. Financials ETF during the 4th quarter worth approximately $106,000. Finally, EP Wealth Advisors LLC bought a new position in shares of iShares U.S. Financials ETF during the 1st quarter worth approximately $142,000.
iShares U.S. Financials ETF Stock Down 0.3 %
Shares of NYSEARCA IYF traded down $0.22 during trading hours on Tuesday, hitting $78.12. 267,446 shares of the stock were exchanged, compared to its average volume of 164,207. The company has a market cap of $1.89 billion, a PE ratio of 9.21 and a beta of 1.03. The firm has a fifty day moving average price of $77.44 and a 200-day moving average price of $74.07. iShares U.S. Financials ETF has a 12 month low of $66.04 and a 12 month high of $82.30.
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.
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