iShares U.S. Broker-Dealers & Securities Exchanges ETF (NYSEARCA:IAI) Stock Price Down 0.7%

Shares of iShares U.S. Broker-Dealers & Securities Exchanges ETF (NYSEARCA:IAIGet Free Report) fell 0.7% on Tuesday . The company traded as low as $113.57 and last traded at $114.38. 137,667 shares were traded during trading, an increase of 275% from the average session volume of 36,738 shares. The stock had previously closed at $115.20.

iShares U.S. Broker-Dealers & Securities Exchanges ETF Trading Down 0.7 %

The business has a 50-day simple moving average of $110.09 and a 200 day simple moving average of $101.83. The stock has a market cap of $491.83 million, a P/E ratio of 10.04 and a beta of 1.05.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the company. Private Trust Co. NA bought a new stake in iShares U.S. Broker-Dealers & Securities Exchanges ETF during the third quarter worth $28,000. Sunbelt Securities Inc. purchased a new position in shares of iShares U.S. Broker-Dealers & Securities Exchanges ETF in the first quarter valued at $43,000. JPMorgan Chase & Co. grew its position in shares of iShares U.S. Broker-Dealers & Securities Exchanges ETF by 563.0% in the fourth quarter. JPMorgan Chase & Co. now owns 610 shares of the company’s stock valued at $58,000 after purchasing an additional 518 shares in the last quarter. Cambridge Investment Research Advisors Inc. grew its position in shares of iShares U.S. Broker-Dealers & Securities Exchanges ETF by 25.4% in the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 2,831 shares of the company’s stock valued at $307,000 after purchasing an additional 573 shares in the last quarter. Finally, Baird Financial Group Inc. purchased a new position in shares of iShares U.S. Broker-Dealers & Securities Exchanges ETF in the first quarter valued at $792,000.

About iShares U.S. Broker-Dealers & Securities Exchanges ETF

(Get Free Report)

iShares U.S. Broker-Dealers ETF (the Fund), formerly iShares Dow Jones U.S. Broker-Dealers Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the Dow Jones U.S. Select Investment Services Index (the Index). The Index measures the performance of the investment services sector of the United States equity market, and includes companies providing a range of specialized financial services, including securities brokers and dealers, online brokers and securities or commodities exchanges.

Further Reading

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