C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors purchased a new position in shares of iShares U.S. Financial Services ETF (NYSEARCA:IYG – Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 6,690 shares of the company’s stock, valued at approximately $521,000.
Other institutional investors have also modified their holdings of the company. Union Bancaire Privee UBP SA purchased a new position in iShares U.S. Financial Services ETF during the fourth quarter worth about $233,000. GSA Capital Partners LLP increased its holdings in shares of iShares U.S. Financial Services ETF by 22.7% during the 3rd quarter. GSA Capital Partners LLP now owns 3,892 shares of the company’s stock worth $276,000 after buying an additional 720 shares during the last quarter. Jane Street Group LLC purchased a new stake in shares of iShares U.S. Financial Services ETF during the 3rd quarter valued at approximately $2,496,000. JPMorgan Chase & Co. lifted its holdings in iShares U.S. Financial Services ETF by 2.2% in the third quarter. JPMorgan Chase & Co. now owns 261,570 shares of the company’s stock valued at $18,577,000 after acquiring an additional 5,590 shares during the last quarter. Finally, OneDigital Investment Advisors LLC purchased a new position in iShares U.S. Financial Services ETF in the third quarter worth approximately $205,000.
iShares U.S. Financial Services ETF Stock Down 0.2 %
NYSEARCA:IYG opened at $84.62 on Thursday. iShares U.S. Financial Services ETF has a 52 week low of $61.84 and a 52 week high of $84.91. The stock’s fifty day moving average is $80.69 and its two-hundred day moving average is $76.03. The company has a market capitalization of $1.71 billion, a P/E ratio of 17.45 and a beta of 0.91.
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.
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