Creekmur Asset Management LLC Makes New Investment in iShares U.S. Financials ETF (NYSEARCA:IYF)

Creekmur Asset Management LLC bought a new stake in iShares U.S. Financials ETF (NYSEARCA:IYF) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 4,456 shares of the company’s stock, valued at approximately $381,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Criterion Capital Advisors LLC bought a new stake in shares of iShares U.S. Financials ETF in the 4th quarter valued at about $48,000. Bare Financial Services Inc bought a new stake in shares of iShares U.S. Financials ETF in the 4th quarter valued at about $59,000. Principal Securities Inc. bought a new stake in shares of iShares U.S. Financials ETF in the 4th quarter valued at about $63,000. Mitchell Sinkler & Starr PA bought a new stake in shares of iShares U.S. Financials ETF in the 4th quarter valued at about $67,000. Finally, Atlantic Edge Private Wealth Management LLC bought a new stake in shares of iShares U.S. Financials ETF in the 4th quarter valued at about $70,000.

iShares U.S. Financials ETF Price Performance

NYSEARCA:IYF traded down $0.30 during mid-day trading on Friday, reaching $92.59. 71,598 shares of the company’s stock traded hands, compared to its average volume of 135,781. iShares U.S. Financials ETF has a 12-month low of $70.45 and a 12-month high of $96.85. The firm has a market capitalization of $2.57 billion, a price-to-earnings ratio of 16.14 and a beta of 0.84. The company has a 50 day moving average price of $93.50 and a 200-day moving average price of $89.87.

About iShares U.S. Financials ETF

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.