C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors Acquires Shares of 6,690 iShares U.S. Financial Services ETF (NYSEARCA:IYG)

C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors bought a new position in shares of iShares U.S. Financial Services ETF (NYSEARCA:IYG) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 6,690 shares of the company’s stock, valued at approximately $521,000.

Several other hedge funds have also recently modified their holdings of the stock. Union Bancaire Privee UBP SA acquired a new stake in iShares U.S. Financial Services ETF in the 4th quarter worth about $233,000. GSA Capital Partners LLP increased its position in shares of iShares U.S. Financial Services ETF by 22.7% during the third quarter. GSA Capital Partners LLP now owns 3,892 shares of the company’s stock worth $276,000 after purchasing an additional 720 shares in the last quarter. Jane Street Group LLC acquired a new position in iShares U.S. Financial Services ETF in the 3rd quarter valued at $2,496,000. JPMorgan Chase & Co. lifted its holdings in iShares U.S. Financial Services ETF by 2.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 261,570 shares of the company’s stock valued at $18,577,000 after purchasing an additional 5,590 shares in the last quarter. Finally, OneDigital Investment Advisors LLC acquired a new stake in iShares U.S. Financial Services ETF during the 3rd quarter worth $205,000.

iShares U.S. Financial Services ETF Stock Down 0.2 %

Shares of NYSEARCA IYG opened at $84.62 on Thursday. The firm has a 50-day simple moving average of $80.69 and a 200-day simple moving average of $76.03. The stock has a market capitalization of $1.71 billion, a price-to-earnings ratio of 17.45 and a beta of 0.91. iShares U.S. Financial Services ETF has a 52 week low of $61.84 and a 52 week 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.