Essex LLC Sells 485 Shares of iShares U.S. Financials ETF (NYSEARCA:IYF)

Essex LLC trimmed its holdings in shares of iShares U.S. Financials ETF (NYSEARCA:IYF) by 4.0% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 11,624 shares of the company’s stock after selling 485 shares during the quarter. Essex LLC’s holdings in iShares U.S. Financials ETF were worth $1,208,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of IYF. The Manufacturers Life Insurance Company acquired a new position in shares of iShares U.S. Financials ETF during the 2nd quarter valued at about $56,608,000. LPL Financial LLC grew its holdings in iShares U.S. Financials ETF by 21.0% during the second quarter. LPL Financial LLC now owns 475,892 shares of the company’s stock valued at $45,005,000 after purchasing an additional 82,599 shares during the last quarter. Wulff Hansen & CO. raised its position in shares of iShares U.S. Financials ETF by 9,357.0% in the second quarter. Wulff Hansen & CO. now owns 262,432 shares of the company’s stock valued at $24,818,000 after purchasing an additional 259,657 shares during the period. Magnus Financial Group LLC lifted its stake in shares of iShares U.S. Financials ETF by 2.6% in the third quarter. Magnus Financial Group LLC now owns 188,646 shares of the company’s stock worth $19,600,000 after buying an additional 4,826 shares during the last quarter. Finally, Osaic Holdings Inc. boosted its holdings in shares of iShares U.S. Financials ETF by 133.1% during the 1st quarter. Osaic Holdings Inc. now owns 186,794 shares of the company’s stock worth $17,879,000 after buying an additional 106,650 shares during the period.

iShares U.S. Financials ETF Trading Up 0.1 %

NYSEARCA:IYF opened at $109.73 on Friday. The firm has a market capitalization of $3.05 billion, a PE ratio of 16.14 and a beta of 0.84. iShares U.S. Financials ETF has a 1 year low of $70.45 and a 1 year high of $110.10. The firm’s fifty day simple moving average is $103.24 and its 200 day simple moving average is $97.90.

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.