97,768 Shares in iShares U.S. Financial Services ETF (NYSEARCA:IYG) Purchased by C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors

C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors acquired a new stake in iShares U.S. Financial Services ETF (NYSEARCA:IYG) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 97,768 shares of the company’s stock, valued at approximately $7,607,000.

Other institutional investors have also bought and sold shares of the company. Financial Avengers Inc. purchased a new stake in shares of iShares U.S. Financial Services ETF in the third quarter valued at approximately $28,000. Thurston Springer Miller Herd & Titak Inc. acquired a new position in iShares U.S. Financial Services ETF during the third quarter worth $38,000. Comprehensive Financial Planning Inc. PA purchased a new stake in iShares U.S. Financial Services ETF in the 4th quarter valued at $50,000. EP Wealth Advisors LLC grew 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 valued at $160,000 after buying an additional 494 shares in the last quarter. Finally, Capital Investment Advisors LLC acquired a new stake in shares of iShares U.S. Financial Services ETF in the 3rd quarter worth $201,000.

iShares U.S. Financial Services ETF Trading Down 0.5 %

Shares of IYG stock opened at $83.25 on Thursday. iShares U.S. Financial Services ETF has a twelve month low of $60.38 and a twelve month high of $84.91. The company’s 50-day moving average price is $80.35 and its 200-day moving average price is $75.48. The stock has a market cap of $1.68 billion, a price-to-earnings ratio of 5.95 and a beta of 0.91.

About iShares U.S. Financial Services ETF

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.