DAVENPORT & Co LLC Sells 1,419 Shares of iShares US Financials ETF (NYSEARCA:IYF)

DAVENPORT & Co LLC lowered its position in iShares US Financials ETF (NYSEARCA:IYF) by 11.2% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 11,237 shares of the company’s stock after selling 1,419 shares during the quarter. DAVENPORT & Co LLC’s holdings in iShares US Financials ETF were worth $1,238,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Morgan Stanley lifted its holdings in iShares US Financials ETF by 5.8% during the first quarter. Morgan Stanley now owns 534,757 shares of the company’s stock worth $52,021,000 after buying an additional 29,519 shares during the period. Raymond James Financial Services Advisors Inc. lifted its holdings in shares of iShares US Financials ETF by 51.5% during the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 181,407 shares of the company’s stock valued at $19,982,000 after purchasing an additional 61,628 shares during the last quarter. Royal Bank of Canada lifted its holdings in shares of iShares US Financials ETF by 2.5% during the 1st quarter. Royal Bank of Canada now owns 160,475 shares of the company’s stock valued at $15,612,000 after purchasing an additional 3,881 shares during the last quarter. Stillwater Capital Advisors LLC lifted its holdings in shares of iShares US Financials ETF by 3.8% during the 2nd quarter. Stillwater Capital Advisors LLC now owns 87,649 shares of the company’s stock valued at $9,654,000 after purchasing an additional 3,205 shares during the last quarter. Finally, Envestnet Asset Management Inc. lifted its holdings in shares of iShares US Financials ETF by 7.8% during the 2nd quarter. Envestnet Asset Management Inc. now owns 75,568 shares of the company’s stock valued at $8,323,000 after purchasing an additional 5,466 shares during the last quarter.

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 stock has a fifty day moving average price of $111.61 and a 200-day moving average price of $115.33.

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

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