Laidlaw Wealth Management LLC Sells 102 Shares of iShares U.S. Financials ETF (NYSEARCA:IYF)

Laidlaw Wealth Management LLC cut its holdings in shares of iShares U.S. Financials ETF (NYSEARCA:IYFFree Report) by 1.8% during the fourth quarter, Holdings Channel.com reports. The fund owned 5,534 shares of the company’s stock after selling 102 shares during the period. Laidlaw Wealth Management LLC’s holdings in iShares U.S. Financials ETF were worth $612,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Kestra Investment Management LLC bought a new stake in shares of iShares U.S. Financials ETF in the fourth quarter worth about $34,000. Newbridge Financial Services Group Inc. bought a new stake in shares of iShares U.S. Financials ETF in the fourth quarter worth about $37,000. Stonebridge Financial Group LLC bought a new stake in shares of iShares U.S. Financials ETF in the fourth quarter worth about $37,000. Arlington Trust Co LLC bought a new stake in shares of iShares U.S. Financials ETF in the fourth quarter worth about $41,000. Finally, Financial Life Planners bought a new stake in shares of iShares U.S. Financials ETF in the fourth quarter worth about $42,000.

iShares U.S. Financials ETF Trading Up 0.7 %

Shares of IYF stock opened at $119.37 on Wednesday. iShares U.S. Financials ETF has a 12-month low of $88.73 and a 12-month high of $119.90. The stock’s 50-day moving average price is $114.30 and its 200-day moving average price is $109.41. The stock has a market capitalization of $3.31 billion, a price-to-earnings ratio of 16.14 and a beta of 0.84.

iShares U.S. Financials ETF Company Profile

(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.

See Also

Want to see what other hedge funds are holding IYF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares U.S. Financials ETF (NYSEARCA:IYFFree Report).

Institutional Ownership by Quarter for iShares U.S. Financials ETF (NYSEARCA:IYF)

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