iShares U.S. Financials ETF $IYF Shares Sold by Insigneo Advisory Services LLC

Insigneo Advisory Services LLC lessened its stake in shares of iShares U.S. Financials ETF (NYSEARCA:IYF) by 30.2% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,674 shares of the company’s stock after selling 1,159 shares during the quarter. Insigneo Advisory Services LLC’s holdings in iShares U.S. Financials ETF were worth $324,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the stock. Blair William & Co. IL boosted its position in shares of iShares U.S. Financials ETF by 7.1% during the 1st quarter. Blair William & Co. IL now owns 11,402 shares of the company’s stock worth $1,287,000 after purchasing an additional 752 shares during the period. Avantax Advisory Services Inc. raised its position in iShares U.S. Financials ETF by 6.7% in the first quarter. Avantax Advisory Services Inc. now owns 6,236 shares of the company’s stock valued at $704,000 after purchasing an additional 389 shares during the period. Assetmark Inc. acquired a new position in iShares U.S. Financials ETF during the second quarter worth $63,000. Raymond James Financial Inc. boosted its position in shares of iShares U.S. Financials ETF by 6.7% during the first quarter. Raymond James Financial Inc. now owns 187,831 shares of the company’s stock worth $21,197,000 after buying an additional 11,712 shares during the period. Finally, AlphaCore Capital LLC boosted its position in shares of iShares U.S. Financials ETF by 82,147.4% during the second quarter. AlphaCore Capital LLC now owns 15,627 shares of the company’s stock worth $1,891,000 after buying an additional 15,608 shares during the period.

iShares U.S. Financials ETF Trading Up 0.9%

Shares of NYSEARCA IYF opened at $125.08 on Thursday. The stock has a market capitalization of $4.15 billion, a PE ratio of 16.42 and a beta of 1.02. iShares U.S. Financials ETF has a twelve month low of $95.34 and a twelve month high of $128.07. The stock has a fifty day simple moving average of $123.90 and a 200-day simple moving average of $121.76.

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.