JPMorgan Chase & Co. Sells 624 Shares of iShares U.S. Broker-Dealers & Securities Exchanges ETF (NYSEARCA:IAI)

JPMorgan Chase & Co. lessened its stake in shares of iShares U.S. Broker-Dealers & Securities Exchanges ETF (NYSEARCA:IAI) by 3.1% in the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 19,811 shares of the company’s stock after selling 624 shares during the period. JPMorgan Chase & Co.’s holdings in iShares U.S. Broker-Dealers & Securities Exchanges ETF were worth $2,547,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in the business. Wilmington Savings Fund Society FSB purchased a new stake in iShares U.S. Broker-Dealers & Securities Exchanges ETF during the third quarter valued at approximately $56,000. Eastern Bank purchased a new stake in shares of iShares U.S. Broker-Dealers & Securities Exchanges ETF during the 3rd quarter valued at $113,000. Bank of New York Mellon Corp purchased a new position in iShares U.S. Broker-Dealers & Securities Exchanges ETF in the 2nd quarter worth $584,000. Finally, Janney Montgomery Scott LLC acquired a new stake in iShares U.S. Broker-Dealers & Securities Exchanges ETF during the 3rd quarter worth about $105,618,000.

iShares U.S. Broker-Dealers & Securities Exchanges ETF Stock Up 1.0 %

NYSEARCA:IAI opened at $151.49 on Tuesday. iShares U.S. Broker-Dealers & Securities Exchanges ETF has a 52 week low of $103.10 and a 52 week high of $154.38. The stock has a market capitalization of $1.43 billion, a PE ratio of 19.09 and a beta of 0.95. The stock’s 50-day moving average price is $148.34 and its 200-day moving average price is $134.91.

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

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.