Huntington National Bank reduced its holdings in iShares US Financials ETF (NYSEARCA:IYF) by 9.3% during the 2nd quarter, HoldingsChannel reports. The firm owned 26,790 shares of the company’s stock after selling 2,744 shares during the quarter. Huntington National Bank’s holdings in iShares US Financials ETF were worth $2,950,000 as of its most recent filing with the SEC.
A number of other hedge funds have also recently added to or reduced their stakes in IYF. Verus Capital Partners LLC acquired a new stake in iShares US Financials ETF during the fourth quarter worth about $29,000. MBE Wealth Management LLC acquired a new stake in iShares US Financials ETF during the first quarter worth about $34,000. US Bancorp DE grew its position in iShares US Financials ETF by 97.3% during the first quarter. US Bancorp DE now owns 507 shares of the company’s stock worth $49,000 after buying an additional 250 shares in the last quarter. WASHINGTON TRUST Co bought a new position in iShares US Financials ETF during the first quarter worth about $60,000. Finally, BDO Wealth Advisors LLC lifted its stake in iShares US Financials ETF by 29.7% during the first quarter. BDO Wealth Advisors LLC now owns 655 shares of the company’s stock worth $64,000 after purchasing an additional 150 shares during the period.
Shares of IYF opened at $113.74 on Friday. iShares US Financials ETF has a 12 month low of $81.24 and a 12 month high of $143.69. The company has a 50-day moving average price of $111.61 and a two-hundred day moving average price of $115.33.
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.
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