Cim LLC Has $4.76 Million Stake in iShares US Financials ETF (IYF)

Cim LLC lowered its position in iShares US Financials ETF (NYSEARCA:IYF) by 0.6% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 40,330 shares of the company’s stock after selling 235 shares during the period. iShares US Financials ETF makes up about 1.8% of Cim LLC’s portfolio, making the stock its 21st largest position. Cim LLC’s holdings in iShares US Financials ETF were worth $4,764,000 at the end of the most recent reporting period.

Other institutional investors have also recently modified their holdings of the company. Bank of New York Mellon Corp raised its position in iShares US Financials ETF by 5.2% during the third quarter. Bank of New York Mellon Corp now owns 9,034 shares of the company’s stock worth $1,097,000 after acquiring an additional 443 shares during the period. BlackRock Inc. grew its holdings in shares of iShares US Financials ETF by 2.6% during the third quarter. BlackRock Inc. now owns 136,403 shares of the company’s stock worth $16,569,000 after buying an additional 3,494 shares in the last quarter. Morgan Stanley grew its holdings in shares of iShares US Financials ETF by 40.0% during the third quarter. Morgan Stanley now owns 2,182,997 shares of the company’s stock worth $265,169,000 after buying an additional 624,113 shares in the last quarter. Cozad Asset Management Inc. grew its holdings in shares of iShares US Financials ETF by 8.5% during the fourth quarter. Cozad Asset Management Inc. now owns 2,930 shares of the company’s stock worth $312,000 after buying an additional 230 shares in the last quarter. Finally, CX Institutional purchased a new stake in shares of iShares US Financials ETF during the fourth quarter worth $433,000.

Shares of iShares US Financials ETF stock traded down $0.68 during trading hours on Wednesday, reaching $121.58. 3,070 shares of the company’s stock were exchanged, compared to its average volume of 318,976. iShares US Financials ETF has a 1 year low of $99.30 and a 1 year high of $126.43.

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iShares US 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.

Further Reading: What are the Different Types of Leveraged Buyouts?

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

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