C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors Invests $7.61 Million in iShares U.S. Financial Services ETF (NYSEARCA:IYG)

C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors purchased a new stake in iShares U.S. Financial Services ETF (NYSEARCA:IYG) during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 97,768 shares of the company’s stock, valued at approximately $7,607,000. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors owned 0.48% of iShares U.S. Financial Services ETF as of its most recent filing with the SEC.

Other institutional investors have also recently added to or reduced their stakes in the company. Financial Avengers Inc. purchased a new position in iShares U.S. Financial Services ETF during the third quarter valued at $28,000. Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of iShares U.S. Financial Services ETF during the 3rd quarter worth about $38,000. Comprehensive Financial Planning Inc. PA purchased a new position in iShares U.S. Financial Services ETF in the 4th quarter valued at about $50,000. EP Wealth Advisors LLC boosted its holdings in iShares U.S. Financial Services ETF by 28.2% in the 3rd quarter. EP Wealth Advisors LLC now owns 2,247 shares of the company’s stock worth $160,000 after buying an additional 494 shares during the last quarter. Finally, Capital Investment Advisors LLC purchased a new stake in iShares U.S. Financial Services ETF during the 3rd quarter worth approximately $201,000.

iShares U.S. Financial Services ETF Price Performance

Shares of iShares U.S. Financial Services ETF stock opened at $83.25 on Thursday. The stock has a market capitalization of $1.68 billion, a P/E ratio of 5.95 and a beta of 0.91. The business has a 50 day simple moving average of $80.35 and a two-hundred day simple moving average of $75.48. iShares U.S. Financial Services ETF has a 12 month low of $60.38 and a 12 month high of $84.91.

iShares U.S. Financial Services ETF Profile

iShares U.S. Financial Services ETF (the Fund) is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Dow Jones U.S. Financial Services Index (the Underlying Index). The Underlying Index measures the performance of the financial services sector of the United States equity market.