iShares U.S. Broker-Dealers & Securities Exchanges ETF $IAI Shares Purchased by Jackson Wealth Management LLC

Jackson Wealth Management LLC increased its position in shares of iShares U.S. Broker-Dealers & Securities Exchanges ETF (NYSEARCA:IAI) by 2.2% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,089 shares of the company’s stock after acquiring an additional 108 shares during the period. Jackson Wealth Management LLC owned about 0.06% of iShares U.S. Broker-Dealers & Securities Exchanges ETF worth $861,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of IAI. Thurston Springer Miller Herd & Titak Inc. raised its position in iShares U.S. Broker-Dealers & Securities Exchanges ETF by 488.0% in the 1st quarter. Thurston Springer Miller Herd & Titak Inc. now owns 294 shares of the company’s stock valued at $41,000 after purchasing an additional 244 shares in the last quarter. Rossby Financial LCC acquired a new stake in iShares U.S. Broker-Dealers & Securities Exchanges ETF in the 1st quarter valued at about $38,000. Cambridge Investment Research Advisors Inc. raised its position in iShares U.S. Broker-Dealers & Securities Exchanges ETF by 16.6% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 2,199 shares of the company’s stock valued at $308,000 after purchasing an additional 313 shares in the last quarter. Hudson Value Partners LLC raised its position in iShares U.S. Broker-Dealers & Securities Exchanges ETF by 16.1% in the 1st quarter. Hudson Value Partners LLC now owns 4,490 shares of the company’s stock valued at $629,000 after purchasing an additional 621 shares in the last quarter. Finally, Farther Finance Advisors LLC raised its position in iShares U.S. Broker-Dealers & Securities Exchanges ETF by 1,700.0% in the 2nd quarter. Farther Finance Advisors LLC now owns 1,188 shares of the company’s stock valued at $201,000 after purchasing an additional 1,122 shares in the last quarter.

iShares U.S. Broker-Dealers & Securities Exchanges ETF Price Performance

IAI stock opened at $175.89 on Friday. The firm has a market capitalization of $1.57 billion, a P/E ratio of 23.81 and a beta of 1.05. The business’s 50-day moving average is $174.84 and its two-hundred day moving average is $159.66. iShares U.S. Broker-Dealers & Securities Exchanges ETF has a 1 year low of $116.88 and a 1 year high of $179.07.

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

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.