AFT Forsyth & Company Inc. Trims Stock Position in iShares U.S. Financials ETF (NYSEARCA:IYF)

AFT Forsyth & Company Inc. cut its position in iShares U.S. Financials ETF (NYSEARCA:IYF) by 3.3% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 16,513 shares of the company’s stock after selling 559 shares during the quarter. iShares U.S. Financials ETF comprises 0.9% of AFT Forsyth & Company Inc.’s investment portfolio, making the stock its 28th biggest position. AFT Forsyth & Company Inc. owned about 0.06% of iShares U.S. Financials ETF worth $1,826,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the company. The Manufacturers Life Insurance Company grew its holdings in shares of iShares U.S. Financials ETF by 28.5% during the third quarter. The Manufacturers Life Insurance Company now owns 769,351 shares of the company’s stock worth $79,936,000 after purchasing an additional 170,769 shares in the last quarter. Bank of Montreal Can lifted its position in iShares U.S. Financials ETF by 705.1% during the third quarter. Bank of Montreal Can now owns 431,608 shares of the company’s stock valued at $44,658,000 after purchasing an additional 377,999 shares during the last quarter. Magnus Financial Group LLC grew its stake in iShares U.S. Financials ETF by 2.4% in the 4th quarter. Magnus Financial Group LLC now owns 193,219 shares of the company’s stock worth $21,366,000 after buying an additional 4,573 shares in the last quarter. MinichMacGregor Wealth Management LLC increased its holdings in shares of iShares U.S. Financials ETF by 93.1% in the 4th quarter. MinichMacGregor Wealth Management LLC now owns 181,005 shares of the company’s stock worth $20,016,000 after buying an additional 87,248 shares during the last quarter. Finally, Apollon Wealth Management LLC raised its position in shares of iShares U.S. Financials ETF by 1,161.0% during the 3rd quarter. Apollon Wealth Management LLC now owns 124,235 shares of the company’s stock valued at $12,908,000 after buying an additional 114,383 shares in the last quarter.

iShares U.S. Financials ETF Stock Performance

NYSEARCA IYF opened at $117.31 on Thursday. The company has a market capitalization of $3.26 billion, a P/E ratio of 16.14 and a beta of 0.84. iShares U.S. Financials ETF has a 52-week low of $86.24 and a 52-week high of $119.90. The company has a fifty day moving average of $114.16 and a 200-day moving average of $108.92.

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.