iShares U.S. Financials ETF (NYSEARCA:IYF) Shares Sold by First Citizens Financial Corp

First Citizens Financial Corp trimmed its holdings in shares of iShares U.S. Financials ETF (NYSEARCA:IYF) by 1.6% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 64,869 shares of the company’s stock after selling 1,043 shares during the period. iShares U.S. Financials ETF makes up about 3.6% of First Citizens Financial Corp’s holdings, making the stock its 4th biggest position. First Citizens Financial Corp’s holdings in iShares U.S. Financials ETF were worth $6,740,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of IYF. GPS Wealth Strategies Group LLC grew its stake in 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 valued at $25,000 after acquiring an additional 218 shares in the last quarter. Rothschild Investment LLC purchased a new stake in shares of iShares U.S. Financials ETF in the second quarter worth approximately $25,000. Global Trust Asset Management LLC boosted its holdings in shares of iShares U.S. Financials ETF by 81.1% during the first quarter. Global Trust Asset Management LLC now owns 335 shares of the company’s stock worth $32,000 after purchasing an additional 150 shares during the period. Thurston Springer Miller Herd & Titak Inc. purchased a new position in iShares U.S. Financials ETF during the second quarter valued at approximately $57,000. Finally, Angeles Wealth Management LLC purchased a new position in iShares U.S. Financials ETF during the fourth quarter valued at approximately $78,000.

iShares U.S. Financials ETF Stock Down 0.5 %

IYF stock opened at $102.70 on Friday. The company has a 50 day moving average of $101.38 and a two-hundred day moving average of $96.94. The company has a market cap of $2.85 billion, a price-to-earnings ratio of 16.14 and a beta of 0.84. iShares U.S. Financials ETF has a 12-month low of $70.45 and a 12-month high of $105.20.

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.