Charter Oak Capital Management LLC Sells 229 Shares of iShares U.S. Financials ETF (NYSEARCA:IYF)

Charter Oak Capital Management LLC lowered its stake in iShares U.S. Financials ETF (NYSEARCA:IYF) by 5.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 4,262 shares of the company’s stock after selling 229 shares during the quarter. Charter Oak Capital Management LLC’s holdings in iShares U.S. Financials ETF were worth $471,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in the stock. Nikulski Financial Inc. lifted its stake in iShares U.S. Financials ETF by 5.6% in the 4th quarter. Nikulski Financial Inc. now owns 15,099 shares of the company’s stock valued at $1,670,000 after purchasing an additional 796 shares during the last quarter. CX Institutional lifted its stake in shares of iShares U.S. Financials ETF by 1.5% in the 4th quarter. CX Institutional now owns 23,195 shares of the company’s stock valued at $2,565,000 after acquiring an additional 348 shares during the last quarter. Yeomans Consulting Group Inc. lifted its stake in shares of iShares U.S. Financials ETF by 28.3% in the 4th quarter. Yeomans Consulting Group Inc. now owns 7,547 shares of the company’s stock valued at $835,000 after acquiring an additional 1,665 shares during the last quarter. Apeiron RIA LLC grew its holdings in shares of iShares U.S. Financials ETF by 38.9% during the fourth quarter. Apeiron RIA LLC now owns 13,708 shares of the company’s stock worth $1,516,000 after purchasing an additional 3,839 shares during the last quarter. Finally, Avior Wealth Management LLC grew its holdings in iShares U.S. Financials ETF by 13.1% during the 4th quarter. Avior Wealth Management LLC now owns 13,704 shares of the company’s stock worth $1,515,000 after acquiring an additional 1,589 shares during the last quarter.

iShares U.S. Financials ETF Stock Up 0.8 %

NYSEARCA IYF opened at $117.98 on Tuesday. The company has a market capitalization of $3.27 billion, a price-to-earnings ratio of 16.14 and a beta of 0.84. The stock has a fifty day simple moving average of $114.01 and a 200 day simple moving average of $107.37. iShares U.S. Financials ETF has a twelve month low of $85.37 and a twelve month high of $119.90.

iShares U.S. Financials ETF 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.