C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors Purchases New Shares in iShares U.S. Financials ETF (NYSEARCA:IYF)

C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors acquired a new position in shares of iShares U.S. Financials ETF (NYSEARCA:IYF) during the 4th quarter, Holdings Channel.com reports. The fund acquired 6,066 shares of the company’s stock, valued at approximately $671,000.

A number of other institutional investors also recently bought and sold shares of the business. The Manufacturers Life Insurance Company boosted its stake in shares of iShares U.S. Financials ETF by 28.5% during the third quarter. The Manufacturers Life Insurance Company now owns 769,351 shares of the company’s stock worth $79,936,000 after buying an additional 170,769 shares during the period. Bank of Montreal Can lifted its position in iShares U.S. Financials ETF by 705.1% during the 3rd quarter. Bank of Montreal Can now owns 431,608 shares of the company’s stock worth $44,658,000 after acquiring an additional 377,999 shares during the period. Magnus Financial Group LLC grew its stake in shares of iShares U.S. Financials ETF by 2.4% in the 4th quarter. Magnus Financial Group LLC now owns 193,219 shares of the company’s stock valued at $21,366,000 after purchasing an additional 4,573 shares during the last quarter. MinichMacGregor Wealth Management LLC increased its holdings in shares of iShares U.S. Financials ETF by 93.1% in the fourth quarter. MinichMacGregor Wealth Management LLC now owns 181,005 shares of the company’s stock valued at $20,016,000 after purchasing an additional 87,248 shares during the period. Finally, Apollon Wealth Management LLC increased its holdings in shares of iShares U.S. Financials ETF by 1,161.0% in the third quarter. Apollon Wealth Management LLC now owns 124,235 shares of the company’s stock valued at $12,908,000 after purchasing an additional 114,383 shares during the period.

iShares U.S. Financials ETF Price Performance

Shares of NYSEARCA IYF opened at $119.19 on Thursday. The company has a market cap of $3.31 billion, a PE ratio of 16.14 and a beta of 0.84. The stock has a fifty day moving average price of $114.39 and a 200 day moving average price of $109.57. iShares U.S. Financials ETF has a 1-year low of $88.73 and a 1-year high of $119.90.

iShares U.S. Financials ETF Profile

iShares U.S. Financials ETF, formerly iShares Dow Jones U.S. Financial Sector Index Fund, seeks investment results that correspond generally to the price and yield performance of the Dow Jones U.S. Financials Index (the Index). The Index measures the performance of the financial sector of the United States equity market, and includes companies in industry groups, such as banks, non-life insurance, life insurance, real estate and general finance.