iShares U.S. Financials ETF (NYSEARCA:IYF) Shares Sold by Meridian Wealth Management LLC
Meridian Wealth Management LLC lowered its stake in iShares U.S. Financials ETF (NYSEARCA:IYF – Free Report) by 49.9% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 3,785 shares of the company’s stock after selling 3,769 shares during the quarter. Meridian Wealth Management LLC’s holdings in iShares U.S. Financials ETF were worth $323,000 at the end of the most recent quarter. Several other hedge funds also recently bought and sold shares of IYF. Apeiron RIA LLC boosted its holdings in iShares U.S. Financials ETF by 11.4% in the fourth quarter. Apeiron RIA LLC now owns 3,367 shares of the company’s stock valued at $288,000 after purchasing an additional 344 shares during the period. Private Advisor Group LLC grew its stake in shares of iShares U.S. Financials ETF by 24.0% during the fourth quarter. Private Advisor Group LLC now owns 39,150 shares of the company’s stock worth $3,344,000 after purchasing an additional 7,569 shares in the last quarter. Bare Financial Services Inc acquired a new stake in iShares U.S. Financials ETF in the fourth quarter valued at $59,000. Brookstone Capital Management purchased a new stake in iShares U.S. Financials ETF during the 4th quarter worth about $552,000. Finally, Apexium Financial LP acquired a new position in shares of iShares U.S. Financials ETF during the 4th quarter worth about $771,000. iShares U.S. Financials ETF Price Performance NYSEARCA IYF opened at $96.85 on Monday. The company has a market capitalization of $2.69 billion, a PE ratio of 16.14 and a beta of 0.84. iShares U.S. Financials ETF has a 1 year low of $69.83 and a 1 year high of $96.85. The company has a fifty day moving average of $93.28 and a two-hundred day moving average of $87.59. About iShares U.S. Financials ETF (Free Report) 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.
