Crewe Advisors LLC Sells 1,030 Shares of iShares U.S. Financials ETF (NYSEARCA:IYF)

Crewe Advisors LLC reduced its stake in shares of iShares U.S. Financials ETF (NYSEARCA:IYF) by 59.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 702 shares of the company’s stock after selling 1,030 shares during the quarter. Crewe Advisors LLC’s holdings in iShares U.S. Financials ETF were worth $78,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of the stock. Bogart Wealth LLC raised its stake in iShares U.S. Financials ETF by 34.2% during the third quarter. Bogart Wealth LLC now owns 416 shares of the company’s stock worth $43,000 after acquiring an additional 106 shares in the last quarter. Larson Financial Group LLC raised its stake in iShares U.S. Financials ETF by 5.5% during the third quarter. Larson Financial Group LLC now owns 2,768 shares of the company’s stock worth $288,000 after acquiring an additional 145 shares in the last quarter. Whitener Capital Management Inc. increased its stake in shares of iShares U.S. Financials ETF by 4.3% in the fourth quarter. Whitener Capital Management Inc. now owns 3,959 shares of the company’s stock valued at $438,000 after buying an additional 164 shares in the last quarter. Concourse Financial Group Securities Inc. increased its stake in shares of 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 increased its stake in shares of 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 Stock Performance

Shares of NYSEARCA:IYF opened at $119.20 on Friday. iShares U.S. Financials ETF has a twelve month low of $86.24 and a twelve month high of $119.90. The firm has a market cap of $3.31 billion, a PE ratio of 16.14 and a beta of 0.84. The business has a fifty day moving average of $114.15 and a 200-day moving average of $108.35.

iShares U.S. 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.