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

Crewe Advisors LLC acquired a new position in shares of iShares U.S. Financials ETF (NYSEARCA:IYF) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 1,732 shares of the company’s stock, valued at approximately $180,000.

A number of other institutional investors and hedge funds have also modified their holdings of IYF. Bogart Wealth LLC lifted its holdings in shares of iShares U.S. Financials ETF by 34.2% during the third quarter. Bogart Wealth LLC now owns 416 shares of the company’s stock valued at $43,000 after acquiring an additional 106 shares during the period. Somerset Group LLC increased its position in shares of iShares U.S. Financials ETF by 0.5% during the 2nd quarter. Somerset Group LLC now owns 22,995 shares of the company’s stock worth $2,175,000 after purchasing an additional 114 shares in the last quarter. Larson Financial Group LLC lifted its holdings in iShares U.S. Financials ETF by 5.0% during the 2nd quarter. Larson Financial Group LLC now owns 2,623 shares of the company’s stock valued at $248,000 after purchasing an additional 124 shares during the last quarter. Concourse Financial Group Securities Inc. boosted its position in iShares U.S. Financials ETF by 26.5% in the third quarter. Concourse Financial Group Securities Inc. now owns 879 shares of the company’s stock valued at $91,000 after buying an additional 184 shares in the last quarter. Finally, HCR Wealth Advisors boosted its position in iShares U.S. Financials ETF by 5.0% in the third quarter. HCR Wealth Advisors now owns 4,124 shares of the company’s stock valued at $429,000 after buying an additional 195 shares in the last quarter.

iShares U.S. Financials ETF Trading Up 1.1 %

NYSEARCA IYF opened at $117.73 on Friday. iShares U.S. Financials ETF has a 1-year low of $79.04 and a 1-year high of $117.87. The company has a 50 day moving average of $108.19 and a 200-day moving average of $101.27. The firm has a market cap of $3.27 billion, a price-to-earnings ratio of 16.14 and a beta of 0.84.

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.