One Charles Private Wealth Services LLC Sells 757 Shares of iShares U.S. Financials ETF (NYSEARCA:IYF)

One Charles Private Wealth Services LLC trimmed its holdings in shares of iShares U.S. Financials ETF (NYSEARCA:IYF) by 7.3% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 9,552 shares of the company’s stock after selling 757 shares during the quarter. One Charles Private Wealth Services LLC’s holdings in iShares U.S. Financials ETF were worth $992,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. The Manufacturers Life Insurance Company purchased a new position in shares of iShares U.S. Financials ETF during the 2nd quarter worth $56,608,000. LPL Financial LLC raised its holdings in iShares U.S. Financials ETF by 21.0% in the 2nd quarter. LPL Financial LLC now owns 475,892 shares of the company’s stock worth $45,005,000 after purchasing an additional 82,599 shares during the period. Wulff Hansen & CO. lifted its position in iShares U.S. Financials ETF by 9,357.0% during the second quarter. Wulff Hansen & CO. now owns 262,432 shares of the company’s stock valued at $24,818,000 after purchasing an additional 259,657 shares in the last quarter. Magnus Financial Group LLC grew its holdings in iShares U.S. Financials ETF by 2.6% during the third quarter. Magnus Financial Group LLC now owns 188,646 shares of the company’s stock valued at $19,600,000 after purchasing an additional 4,826 shares during the period. Finally, Cetera Investment Advisers increased its position in iShares U.S. Financials ETF by 1.2% in the second quarter. Cetera Investment Advisers now owns 125,852 shares of the company’s stock worth $11,902,000 after buying an additional 1,470 shares in the last quarter.

iShares U.S. Financials ETF Stock Up 1.1 %

NYSEARCA IYF opened at $117.73 on Friday. iShares U.S. Financials ETF has a 52 week low of $79.04 and a 52 week high of $117.87. The company has a market capitalization of $3.27 billion, a P/E ratio of 16.14 and a beta of 0.84. The stock’s 50-day moving average price is $108.19 and its 200-day moving average price is $101.22.

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.