C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors Lowers Holdings in iShares U.S. Financial Services ETF $IYG

C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors lessened its stake in iShares U.S. Financial Services ETF (NYSEARCA:IYG) by 12.2% in the 2nd quarter, Holdings Channel.com reports. The firm owned 6,902 shares of the company’s stock after selling 955 shares during the quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors’ holdings in iShares U.S. Financial Services ETF were worth $591,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of IYG. Y.D. More Investments Ltd raised its position in shares of iShares U.S. Financial Services ETF by 85.7% in the 1st quarter. Y.D. More Investments Ltd now owns 650 shares of the company’s stock worth $51,000 after purchasing an additional 300 shares during the last quarter. Keener Financial Planning LLC purchased a new position in shares of iShares U.S. Financial Services ETF in the 2nd quarter worth about $77,000. CX Institutional purchased a new position in shares of iShares U.S. Financial Services ETF in the 2nd quarter worth about $81,000. Bessemer Group Inc. raised its position in shares of iShares U.S. Financial Services ETF by 186.6% in the 2nd quarter. Bessemer Group Inc. now owns 1,006 shares of the company’s stock worth $86,000 after purchasing an additional 655 shares during the last quarter. Finally, Apollon Wealth Management LLC purchased a new position in shares of iShares U.S. Financial Services ETF in the 1st quarter worth about $203,000.

iShares U.S. Financial Services ETF Price Performance

IYG opened at $88.13 on Monday. iShares U.S. Financial Services ETF has a 1 year low of $65.98 and a 1 year high of $91.25. The stock has a 50-day moving average price of $88.83 and a 200-day moving average price of $85.22. The firm has a market cap of $1.90 billion, a PE ratio of 18.95 and a beta of 1.11.

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.