PNC Financial Services Group Inc. Sells 134 Shares of iShares U.S. Financials ETF (NYSEARCA:IYF)

PNC Financial Services Group Inc. lowered its stake in iShares U.S. Financials ETF (NYSEARCA:IYF) by 0.5% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 25,793 shares of the company’s stock after selling 134 shares during the quarter. PNC Financial Services Group Inc. owned 0.09% of iShares U.S. Financials ETF worth $2,680,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. GPS Wealth Strategies Group LLC increased its stake in shares of iShares U.S. Financials ETF by 436.0% in the second quarter. GPS Wealth Strategies Group LLC now owns 268 shares of the company’s stock worth $25,000 after buying an additional 218 shares during the period. Rothschild Investment LLC bought a new stake in iShares U.S. Financials ETF in the 2nd quarter worth $25,000. Capital Performance Advisors LLP purchased a new position in shares of iShares U.S. Financials ETF in the third quarter valued at about $41,000. Bogart Wealth LLC raised its stake in shares of iShares U.S. Financials ETF by 34.2% during the third quarter. Bogart Wealth LLC now owns 416 shares of the company’s stock valued at $43,000 after acquiring an additional 106 shares during the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of iShares U.S. Financials ETF during the second quarter valued at about $57,000.

iShares U.S. Financials ETF Price Performance

NYSEARCA IYF opened at $118.61 on Tuesday. iShares U.S. Financials ETF has a 1 year low of $79.04 and a 1 year high of $119.03. The stock has a market capitalization of $3.29 billion, a PE ratio of 16.14 and a beta of 0.84. The business’s 50-day moving average is $108.51 and its 200 day moving average is $101.49.

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.