The iShares U.S. Financials ETF (IYF) has experienced a significant outflow of approximately $129.5 million, marking a 3.0% decrease in shares outstanding from 33 million to 32 million week-over-week. This change was reported today, and among IYF’s major holdings, Chubb Ltd (CB) rose 1.3%, while CME Group (CME) gained 0.6%, and Intercontinental Exchange Inc (ICE) fell 0.6%.
Currently, IYF’s share price stands at $130.04, with a 52-week range between $95.34 and $130.50. This week’s performance reflects ongoing shifts in investor demand for the ETF, indicating potential impacts on its underlying components.
