B. Riley Wealth Advisors Inc. Sells 188 Shares of iShares U.S. Financials ETF (NYSEARCA:IYF)

B. Riley Wealth Advisors Inc. reduced its holdings in shares of iShares U.S. Financials ETF (NYSEARCA:IYF) by 2.8% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 6,473 shares of the company’s stock after selling 188 shares during the quarter. B. Riley Wealth Advisors Inc.’s holdings in iShares U.S. Financials ETF were worth $671,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Wealth Enhancement Advisory Services LLC grew its position in iShares U.S. Financials ETF by 4.6% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 9,864 shares of the company’s stock valued at $933,000 after purchasing an additional 430 shares in the last quarter. Raymond James & Associates grew its holdings in shares of iShares U.S. Financials ETF by 4.8% in the 2nd quarter. Raymond James & Associates now owns 97,072 shares of the company’s stock valued at $9,180,000 after acquiring an additional 4,460 shares in the last quarter. Ironwood Wealth Management LLC. increased its position in shares of iShares U.S. Financials ETF by 4.9% in the second quarter. Ironwood Wealth Management LLC. now owns 5,936 shares of the company’s stock valued at $561,000 after acquiring an additional 279 shares during the last quarter. Transcendent Capital Group LLC bought a new stake in iShares U.S. Financials ETF during the second quarter worth about $3,303,000. Finally, RPS Advisory Solutions LLC acquired a new position in iShares U.S. Financials ETF during the second quarter valued at approximately $3,501,000.

iShares U.S. Financials ETF Stock Down 3.4 %

IYF stock opened at $108.61 on Thursday. iShares U.S. Financials ETF has a twelve month low of $83.28 and a twelve month high of $119.90. The company has a market cap of $3.01 billion, a price-to-earnings ratio of 16.14 and a beta of 0.84. The business has a 50 day moving average price of $112.66 and a two-hundred day moving average price of $103.89.

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.