Harmony Asset Management LLC Lowers Stock Holdings in iShares U.S. Financials ETF $IYF

Harmony Asset Management LLC lowered its holdings in iShares U.S. Financials ETF (NYSEARCA:IYF) by 36.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 10,421 shares of the company’s stock after selling 5,867 shares during the period. Harmony Asset Management LLC’s holdings in iShares U.S. Financials ETF were worth $1,344,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Centerline Wealth Advisors LLC purchased a new stake in shares of iShares U.S. Financials ETF in the fourth quarter valued at $5,353,000. Cyndeo Wealth Partners LLC grew its position in shares of iShares U.S. Financials ETF by 149.5% in the fourth quarter. Cyndeo Wealth Partners LLC now owns 17,451 shares of the company’s stock valued at $2,250,000 after purchasing an additional 10,456 shares during the period. Thrivent Financial for Lutherans grew its position in shares of iShares U.S. Financials ETF by 21.4% in the third quarter. Thrivent Financial for Lutherans now owns 136,387 shares of the company’s stock valued at $17,272,000 after purchasing an additional 24,023 shares during the period. Brendel Financial Advisors LLC purchased a new stake in shares of iShares U.S. Financials ETF in the fourth quarter valued at $913,000. Finally, Pinkerton Wealth LLC grew its position in shares of iShares U.S. Financials ETF by 5.8% in the third quarter. Pinkerton Wealth LLC now owns 299,584 shares of the company’s stock valued at $37,939,000 after purchasing an additional 16,549 shares during the period.

iShares U.S. Financials ETF Stock Up 1.2%

Shares of NYSEARCA:IYF opened at $122.97 on Thursday. The company has a market cap of $3.37 billion, a P/E ratio of 16.42 and a beta of 0.92. iShares U.S. Financials ETF has a 52 week low of $113.12 and a 52 week high of $133.54. The business has a fifty day simple moving average of $120.82 and a 200-day simple moving average of $124.46.

About iShares U.S. Financials ETF

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. The Company invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.