iShares US Financials ETF (IYF) Holdings Cut by Bank of Montreal Can

Bank of Montreal Can decreased its stake in shares of iShares US Financials ETF (NYSEARCA:IYF) by 5.4% during the third quarter, HoldingsChannel reports. The firm owned 43,438 shares of the company’s stock after selling 2,482 shares during the quarter. Bank of Montreal Can’s holdings in iShares US Financials ETF were worth $5,277,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently modified their holdings of the business. Envestnet Asset Management Inc. increased its stake in iShares US Financials ETF by 133.6% during the 2nd quarter. Envestnet Asset Management Inc. now owns 192,632 shares of the company’s stock valued at $22,575,000 after purchasing an additional 110,160 shares in the last quarter. Raymond James & Associates increased its stake in shares of iShares US Financials ETF by 11.0% in the second quarter. Raymond James & Associates now owns 142,976 shares of the company’s stock worth $16,755,000 after acquiring an additional 14,124 shares during the period. BlackRock Inc. increased its stake in shares of iShares US Financials ETF by 8.1% in the first quarter. BlackRock Inc. now owns 134,316 shares of the company’s stock worth $15,824,000 after acquiring an additional 10,089 shares during the period. Jane Street Group LLC increased its stake in shares of iShares US Financials ETF by 160.5% in the second quarter. Jane Street Group LLC now owns 71,762 shares of the company’s stock worth $8,410,000 after acquiring an additional 44,210 shares during the period. Finally, Capital Fund Management S.A. acquired a new stake in shares of iShares US Financials ETF in the second quarter worth $7,826,000.

NYSEARCA:IYF opened at $115.29 on Thursday. iShares US Financials ETF has a 1-year low of $110.79 and a 1-year high of $126.54.

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, October 2nd. Stockholders of record on Thursday, September 27th were paid a $0.5155 dividend. The ex-dividend date was Wednesday, September 26th. This represents a $2.06 dividend on an annualized basis and a dividend yield of 1.79%.

iShares US 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.

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Want to see what other hedge funds are holding IYF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares US Financials ETF (NYSEARCA:IYF).

Institutional Ownership by Quarter for iShares US Financials ETF (NYSEARCA:IYF)

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