Kesler Norman & Wride LLC Sells 5,110 Shares of iShares U.S. Financials ETF $IYF

Kesler Norman & Wride LLC lessened its stake in iShares U.S. Financials ETF (NYSEARCA:IYF) by 50.4% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 5,019 shares of the company’s stock after selling 5,110 shares during the quarter. Kesler Norman & Wride LLC’s holdings in iShares U.S. Financials ETF were worth $647,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in IYF. Northwestern Mutual Wealth Management Co. increased its holdings in iShares U.S. Financials ETF by 488.4% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 3,913,622 shares of the company’s stock valued at $504,583,000 after purchasing an additional 3,248,510 shares during the last quarter. Dynasty Wealth Management LLC increased its holdings in iShares U.S. Financials ETF by 545.2% in the fourth quarter. Dynasty Wealth Management LLC now owns 1,762,552 shares of the company’s stock valued at $227,246,000 after purchasing an additional 1,489,376 shares during the last quarter. Bank of Montreal Can increased its holdings in iShares U.S. Financials ETF by 1,275.8% in the third quarter. Bank of Montreal Can now owns 699,898 shares of the company’s stock valued at $88,635,000 after purchasing an additional 649,026 shares during the last quarter. Sagespring Wealth Partners LLC increased its holdings in iShares U.S. Financials ETF by 247.2% in the fourth quarter. Sagespring Wealth Partners LLC now owns 826,819 shares of the company’s stock valued at $106,602,000 after purchasing an additional 588,659 shares during the last quarter. Finally, AlphaCore Capital LLC increased its holdings in iShares U.S. Financials ETF by 947.3% in the fourth quarter. AlphaCore Capital LLC now owns 163,661 shares of the company’s stock valued at $21,101,000 after purchasing an additional 148,034 shares during the last quarter.

iShares U.S. Financials ETF Trading Down 1.1%

NYSEARCA IYF opened at $121.63 on Thursday. The stock has a 50-day simple moving average of $122.02 and a 200 day simple moving average of $124.40. The company has a market capitalization of $3.33 billion, a PE ratio of 16.42 and a beta of 0.92. iShares U.S. Financials ETF has a 12 month low of $113.62 and a 12 month high of $133.54.

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