Creative Planning Sells 547 Shares of iShares U.S. Financials ETF (NYSEARCA:IYF)

Creative Planning lessened its holdings in shares of iShares U.S. Financials ETF (NYSEARCA:IYF) by 3.6% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 14,523 shares of the company’s stock after selling 547 shares during the period. Creative Planning’s holdings in iShares U.S. Financials ETF were worth $1,509,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Empirical Asset Management LLC boosted its stake in iShares U.S. Financials ETF by 8.3% in the 3rd quarter. Empirical Asset Management LLC now owns 6,547 shares of the company’s stock worth $680,000 after purchasing an additional 500 shares during the period. Darrow Company Inc. acquired a new position in shares of iShares U.S. Financials ETF during the third quarter worth about $213,000. Concourse Financial Group Securities Inc. grew its holdings in shares of iShares U.S. Financials ETF by 26.5% during the third quarter. Concourse Financial Group Securities Inc. now owns 879 shares of the company’s stock worth $91,000 after buying an additional 184 shares in the last quarter. Retirement Planning Group LLC raised its position in iShares U.S. Financials ETF by 13.3% in the 3rd quarter. Retirement Planning Group LLC now owns 2,961 shares of the company’s stock valued at $308,000 after buying an additional 348 shares during the last quarter. Finally, HCR Wealth Advisors lifted its stake in iShares U.S. Financials ETF by 5.0% in the 3rd quarter. HCR Wealth Advisors now owns 4,124 shares of the company’s stock valued at $429,000 after acquiring an additional 195 shares in the last quarter.

iShares U.S. Financials ETF Stock Down 0.4 %

NYSEARCA:IYF opened at $108.20 on Wednesday. The company has a market cap of $3.00 billion, a P/E ratio of 16.14 and a beta of 0.84. iShares U.S. Financials ETF has a twelve month low of $70.97 and a twelve month high of $110.10. The business has a 50 day moving average price of $104.49 and a two-hundred day moving average price of $98.67.

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.