Dynamic Advisor Solutions LLC Sells 582 Shares of iShares U.S. Financials ETF (NYSEARCA:IYF)

Dynamic Advisor Solutions LLC lowered its position in iShares U.S. Financials ETF (NYSEARCA:IYF) by 18.1% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 2,627 shares of the company’s stock after selling 582 shares during the period. Dynamic Advisor Solutions LLC’s holdings in iShares U.S. Financials ETF were worth $290,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of IYF. Bank of Montreal Can raised its stake in shares of iShares U.S. Financials ETF by 705.1% in the third quarter. Bank of Montreal Can now owns 431,608 shares of the company’s stock worth $44,658,000 after buying an additional 377,999 shares during the period. The Manufacturers Life Insurance Company raised its stake in iShares U.S. Financials ETF by 28.5% during the 3rd quarter. The Manufacturers Life Insurance Company now owns 769,351 shares of the company’s stock worth $79,936,000 after acquiring an additional 170,769 shares during the period. Apollon Wealth Management LLC raised its stake in iShares U.S. Financials ETF by 1,161.0% during the 3rd quarter. Apollon Wealth Management LLC now owns 124,235 shares of the company’s stock worth $12,908,000 after acquiring an additional 114,383 shares during the period. International Assets Investment Management LLC lifted its holdings in iShares U.S. Financials ETF by 10,290.9% during the third quarter. International Assets Investment Management LLC now owns 100,584 shares of the company’s stock valued at $10,451,000 after purchasing an additional 99,616 shares in the last quarter. Finally, MinichMacGregor Wealth Management LLC purchased a new stake in shares of iShares U.S. Financials ETF in the third quarter worth $9,741,000.

iShares U.S. Financials ETF Price Performance

Shares of IYF stock opened at $117.96 on Wednesday. iShares U.S. Financials ETF has a one year low of $85.37 and a one year high of $119.90. The company’s fifty day moving average price is $114.06 and its 200-day moving average price is $107.51. The company has a market capitalization of $3.27 billion, a price-to-earnings ratio of 16.14 and a beta of 0.84.

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.