CX Institutional Reduces Holdings in iShares U.S. Broker-Dealers & Securities Exchanges ETF $IAI

CX Institutional decreased its position in shares of iShares U.S. Broker-Dealers & Securities Exchanges ETF (NYSEARCA:IAIFree Report) by 91.5% during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,745 shares of the company’s stock after selling 18,893 shares during the period. CX Institutional’s holdings in iShares U.S. Broker-Dealers & Securities Exchanges ETF were worth $306,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in IAI. Hudson Value Partners LLC lifted its holdings in shares of iShares U.S. Broker-Dealers & Securities Exchanges ETF by 1.3% in the 4th quarter. Hudson Value Partners LLC now owns 5,416 shares of the company’s stock worth $972,000 after acquiring an additional 67 shares during the last quarter. Fifth Third Securities Inc. grew its stake in iShares U.S. Broker-Dealers & Securities Exchanges ETF by 2.0% in the 4th quarter. Fifth Third Securities Inc. now owns 6,283 shares of the company’s stock worth $1,127,000 after acquiring an additional 124 shares in the last quarter. Nemes Rush Group LLC bought a new position in iShares U.S. Broker-Dealers & Securities Exchanges ETF in the fourth quarter worth approximately $46,000. Parallel Advisors LLC grew its position in shares of iShares U.S. Broker-Dealers & Securities Exchanges ETF by 310.0% during the 1st quarter. Parallel Advisors LLC now owns 410 shares of the company’s stock worth $67,000 after buying an additional 310 shares in the last quarter. Finally, JPMorgan Chase & Co. increased its position in iShares U.S. Broker-Dealers & Securities Exchanges ETF by 26.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 3,234 shares of the company’s stock valued at $572,000 after purchasing an additional 683 shares during the period.

iShares U.S. Broker-Dealers & Securities Exchanges ETF Stock Up 0.6%

Shares of IAI stock opened at $188.25 on Friday. iShares U.S. Broker-Dealers & Securities Exchanges ETF has a 52-week low of $157.78 and a 52-week high of $196.44. The company’s 50 day moving average is $185.45 and its 200 day moving average is $178.05. The firm has a market cap of $1.36 billion, a price-to-earnings ratio of 23.81 and a beta of 1.08.

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

(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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