Integrated Wealth Concepts LLC Cuts Position in iShares U.S. Financials ETF (NYSEARCA:IYF)

Integrated Wealth Concepts LLC decreased its position in iShares U.S. Financials ETF (NYSEARCA:IYF) by 7.2% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,916 shares of the company’s stock after selling 226 shares during the quarter. Integrated Wealth Concepts LLC’s holdings in iShares U.S. Financials ETF were worth $303,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. GPS Wealth Strategies Group LLC lifted its position in shares of iShares U.S. Financials ETF by 436.0% during the 2nd quarter. GPS Wealth Strategies Group LLC now owns 268 shares of the company’s stock worth $25,000 after purchasing an additional 218 shares during the last quarter. Rothschild Investment LLC acquired a new stake in iShares U.S. Financials ETF in the second quarter valued at $25,000. Capital Performance Advisors LLP purchased a new stake in iShares U.S. Financials ETF during the 3rd quarter worth about $41,000. Bogart Wealth LLC boosted its position in shares of iShares U.S. Financials ETF by 34.2% during the 3rd quarter. Bogart Wealth LLC now owns 416 shares of the company’s stock worth $43,000 after acquiring an additional 106 shares in the last quarter. Finally, Concourse Financial Group Securities Inc. increased its holdings in shares of iShares U.S. Financials ETF by 26.5% in the 3rd quarter. Concourse Financial Group Securities Inc. now owns 879 shares of the company’s stock valued at $91,000 after acquiring an additional 184 shares during the last quarter.

iShares U.S. Financials ETF Stock Down 0.4 %

IYF stock opened at $114.42 on Friday. The business has a 50 day moving average price of $111.77 and a 200 day moving average price of $103.25. The stock has a market cap of $3.18 billion, a price-to-earnings ratio of 16.14 and a beta of 0.84. iShares U.S. Financials ETF has a fifty-two week low of $82.47 and a fifty-two week high of $119.90.

iShares U.S. Financials ETF Company 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.