Prospera Financial Services Inc Has $4.55 Million Holdings in iShares U.S. Financials ETF $IYF

Prospera Financial Services Inc cut its holdings in shares of iShares U.S. Financials ETF (NYSEARCA:IYF) by 63.5% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 37,566 shares of the company’s stock after selling 65,490 shares during the period. Prospera Financial Services Inc owned approximately 0.11% of iShares U.S. Financials ETF worth $4,545,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently modified their holdings of IYF. The Manufacturers Life Insurance Company lifted its holdings in shares of iShares U.S. Financials ETF by 1,366.8% during the 1st quarter. The Manufacturers Life Insurance Company now owns 1,498,231 shares of the company’s stock valued at $169,075,000 after purchasing an additional 1,396,090 shares in the last quarter. Sagespring Wealth Partners LLC acquired a new stake in iShares U.S. Financials ETF during the 2nd quarter worth approximately $26,768,000. SPC Financial Inc. bought a new position in iShares U.S. Financials ETF in the second quarter valued at approximately $18,470,000. PGIM Custom Harvest LLC boosted its holdings in shares of iShares U.S. Financials ETF by 27.0% in the first quarter. PGIM Custom Harvest LLC now owns 648,435 shares of the company’s stock valued at $73,176,000 after buying an additional 137,864 shares during the period. Finally, Horizon Wealth Management LLC acquired a new position in shares of iShares U.S. Financials ETF in the second quarter valued at approximately $13,417,000.

iShares U.S. Financials ETF Stock Up 1.1%

Shares of NYSEARCA:IYF opened at $124.06 on Monday. The firm has a market cap of $4.11 billion, a price-to-earnings ratio of 16.42 and a beta of 1.02. iShares U.S. Financials ETF has a 12 month low of $95.34 and a 12 month high of $128.07. The company’s fifty day simple moving average is $124.45 and its 200 day simple moving average is $120.74.

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.