iShares U.S. Broker-Dealers & Securities Exchanges ETF (NYSEARCA:IAI) Stock Price Down 0.3%

iShares U.S. Broker-Dealers & Securities Exchanges ETF (NYSEARCA:IAIGet Free Report)’s stock price traded down 0.3% during trading on Monday . The company traded as low as $118.35 and last traded at $118.38. 37,610 shares changed hands during trading, a decline of 59% from the average session volume of 92,236 shares. The stock had previously closed at $118.71.

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

The stock has a market cap of $1.14 billion, a price-to-earnings ratio of 19.09 and a beta of 0.95. The firm’s 50 day moving average is $117.13 and its two-hundred day moving average is $112.29.

Hedge Funds Weigh In On iShares U.S. Broker-Dealers & Securities Exchanges ETF

Large investors have recently added to or reduced their stakes in the company. Cambridge Trust Co. purchased a new stake in shares of iShares U.S. Broker-Dealers & Securities Exchanges ETF in the 1st quarter valued at approximately $102,000. Transcend Capital Advisors LLC acquired a new position in shares of iShares U.S. Broker-Dealers & Securities Exchanges ETF in the second quarter valued at $1,423,000. Finally, Q3 Asset Management bought a new position in iShares U.S. Broker-Dealers & Securities Exchanges ETF during the fourth quarter worth about $1,514,000.

iShares U.S. Broker-Dealers & Securities Exchanges ETF Company Profile

(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.

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