Prospera Financial Services Inc Lowers Stock Position in iShares U.S. Financials ETF $IYF

Prospera Financial Services Inc lessened its holdings in iShares U.S. Financials ETF (NYSEARCA:IYF) by 37.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 20,987 shares of the company’s stock after selling 12,748 shares during the quarter. Prospera Financial Services Inc’s holdings in iShares U.S. Financials ETF were worth $2,706,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently added to or reduced their stakes in IYF. Somerset Group LLC lifted its stake in iShares U.S. Financials ETF by 0.3% in the 3rd quarter. Somerset Group LLC now owns 24,836 shares of the company’s stock valued at $3,145,000 after buying an additional 82 shares in the last quarter. Lpwm LLC lifted its stake in iShares U.S. Financials ETF by 1.8% in the 4th quarter. Lpwm LLC now owns 4,871 shares of the company’s stock valued at $628,000 after buying an additional 86 shares in the last quarter. SeaCrest Wealth Management LLC lifted its stake in iShares U.S. Financials ETF by 3.9% in the 3rd quarter. SeaCrest Wealth Management LLC now owns 2,399 shares of the company’s stock valued at $300,000 after buying an additional 90 shares in the last quarter. J.W. Cole Advisors Inc. lifted its stake in iShares U.S. Financials ETF by 0.6% in the 3rd quarter. J.W. Cole Advisors Inc. now owns 16,692 shares of the company’s stock valued at $2,114,000 after buying an additional 93 shares in the last quarter. Finally, Vivaldi Capital Management LP lifted its stake in iShares U.S. Financials ETF by 3.6% in the 2nd quarter. Vivaldi Capital Management LP now owns 2,769 shares of the company’s stock valued at $335,000 after buying an additional 97 shares in the last quarter.

iShares U.S. Financials ETF Stock Performance

IYF stock opened at $123.81 on Wednesday. iShares U.S. Financials ETF has a 1 year low of $113.62 and a 1 year high of $133.54. The stock’s 50 day moving average price is $121.33 and its 200 day moving average price is $124.49. The firm has a market cap of $3.39 billion, a P/E ratio of 16.42 and a beta of 0.92.

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.