Crewe Advisors LLC Makes New Investment in iShares U.S. Financials ETF (NYSEARCA:IYF)

Crewe Advisors LLC purchased a new stake in shares of iShares U.S. Financials ETF (NYSEARCA:IYF) during the 3rd quarter, Holdings Channel.com reports. The fund purchased 1,732 shares of the company’s stock, valued at approximately $180,000.

Several other hedge funds have also modified their holdings of IYF. CreativeOne Wealth LLC bought a new position in iShares U.S. Financials ETF in the 1st quarter valued at $415,000. LRI Investments LLC acquired a new position in shares of iShares U.S. Financials ETF during the first quarter valued at $107,000. Prudent Investors Network Inc. bought a new position in iShares U.S. Financials ETF in the first quarter valued at about $331,000. B. Riley Wealth Advisors Inc. increased its position in iShares U.S. Financials ETF by 5.2% in the first quarter. B. Riley Wealth Advisors Inc. now owns 7,798 shares of the company’s stock worth $746,000 after purchasing an additional 384 shares during the period. Finally, Comerica Bank increased its position in iShares U.S. Financials ETF by 7.4% in the first quarter. Comerica Bank now owns 9,485 shares of the company’s stock worth $907,000 after purchasing an additional 652 shares during the period.

iShares U.S. Financials ETF Trading Up 1.1 %

iShares U.S. Financials ETF stock opened at $117.73 on Friday. The company has a market cap of $3.27 billion, a PE ratio of 16.14 and a beta of 0.84. iShares U.S. Financials ETF has a 1 year low of $79.04 and a 1 year high of $117.87. The company’s 50-day moving average is $108.19 and its two-hundred day moving average is $101.27.

iShares U.S. 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.