HCR Wealth Advisors Lowers Stock Holdings in iShares U.S. Financials ETF (NYSEARCA:IYF)

HCR Wealth Advisors lessened its stake in shares of iShares U.S. Financials ETF (NYSEARCA:IYF) by 6.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,851 shares of the company’s stock after selling 273 shares during the quarter. HCR Wealth Advisors’ holdings in iShares U.S. Financials ETF were worth $426,000 at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of the stock. Smith Anglin Financial LLC purchased a new position in iShares U.S. Financials ETF during the 4th quarter worth $310,000. Christopher J. Hasenberg Inc acquired a new position in shares of iShares U.S. Financials ETF during the fourth quarter worth about $130,000. Park Avenue Securities LLC increased its stake in shares of iShares U.S. Financials ETF by 36.4% during the fourth quarter. Park Avenue Securities LLC now owns 3,048 shares of the company’s stock worth $337,000 after acquiring an additional 813 shares during the period. Lpwm LLC raised its holdings in iShares U.S. Financials ETF by 10.8% during the fourth quarter. Lpwm LLC now owns 4,366 shares of the company’s stock worth $483,000 after purchasing an additional 426 shares in the last quarter. Finally, Fiduciary Alliance LLC acquired a new stake in iShares U.S. Financials ETF in the fourth quarter valued at about $211,000.

iShares U.S. Financials ETF Trading Up 2.6 %

Shares of IYF opened at $113.84 on Thursday. The stock’s 50 day moving average is $113.79 and its two-hundred day moving average is $106.22. iShares U.S. Financials ETF has a twelve month low of $83.28 and a twelve month high of $119.90. The firm has a market capitalization of $3.16 billion, a PE ratio of 16.14 and a beta of 0.84.

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.