Kingswood Wealth Advisors LLC Makes New $419,000 Investment in iShares U.S. Broker-Dealers & Securities Exchanges ETF (NYSEARCA:IAI)

Kingswood Wealth Advisors LLC purchased a new position in shares of iShares U.S. Broker-Dealers & Securities Exchanges ETF (NYSEARCA:IAIFree Report) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 2,911 shares of the company’s stock, valued at approximately $419,000.

Several other institutional investors have also recently made changes to their positions in the stock. Wilmington Savings Fund Society FSB acquired a new position in shares of iShares U.S. Broker-Dealers & Securities Exchanges ETF during the 3rd quarter worth approximately $56,000. Janney Montgomery Scott LLC bought a new position in shares of iShares U.S. Broker-Dealers & Securities Exchanges ETF during the 3rd quarter worth approximately $105,618,000. Finally, Eastern Bank bought a new position in shares of iShares U.S. Broker-Dealers & Securities Exchanges ETF during the 3rd quarter worth approximately $113,000.

iShares U.S. Broker-Dealers & Securities Exchanges ETF Trading Up 1.2 %

Shares of NYSEARCA IAI opened at $157.15 on Friday. iShares U.S. Broker-Dealers & Securities Exchanges ETF has a 12 month low of $104.46 and a 12 month high of $157.76. The stock has a 50 day moving average of $149.26 and a 200-day moving average of $136.65. The company has a market capitalization of $1.49 billion, a P/E ratio of 19.09 and a beta of 0.95.

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

(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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Institutional Ownership by Quarter for iShares U.S. Broker-Dealers & Securities Exchanges ETF (NYSEARCA:IAI)

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