Sigma Planning Corp Sells 265 Shares of iShares U.S. Financials ETF (NYSEARCA:IYF)

Sigma Planning Corp cut its stake in iShares U.S. Financials ETF (NYSEARCA:IYF) by 3.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 8,593 shares of the company’s stock after selling 265 shares during the period. Sigma Planning Corp’s holdings in iShares U.S. Financials ETF were worth $950,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. Kestra Investment Management LLC bought a new stake in iShares U.S. Financials ETF during the 4th quarter valued at $34,000. Newbridge Financial Services Group Inc. bought a new stake in shares of iShares U.S. Financials ETF in the fourth quarter valued at about $37,000. Stonebridge Financial Group LLC bought a new stake in shares of iShares U.S. Financials ETF in the fourth quarter valued at about $37,000. Arlington Trust Co LLC purchased a new stake in iShares U.S. Financials ETF in the fourth quarter worth about $41,000. Finally, Financial Life Planners bought a new position in iShares U.S. Financials ETF during the 4th quarter worth about $42,000.

iShares U.S. Financials ETF Stock Performance

NYSEARCA:IYF opened at $115.55 on Wednesday. The firm has a 50-day simple moving average of $114.66 and a 200-day simple moving average of $110.31. iShares U.S. Financials ETF has a one year low of $89.10 and a one year high of $119.90. The firm has a market cap of $3.90 billion, a P/E ratio of 15.26 and a beta of 1.08.

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.