Farther Finance Advisors LLC Purchases 1,122 Shares of iShares U.S. Broker-Dealers & Securities Exchanges ETF $IAI

Farther Finance Advisors LLC lifted its position in iShares U.S. Broker-Dealers & Securities Exchanges ETF (NYSEARCA:IAI) by 1,700.0% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,188 shares of the company’s stock after purchasing an additional 1,122 shares during the period. Farther Finance Advisors LLC’s holdings in iShares U.S. Broker-Dealers & Securities Exchanges ETF were worth $201,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently modified their holdings of the company. Jones Financial Companies Lllp boosted its holdings in iShares U.S. Broker-Dealers & Securities Exchanges ETF by 76.2% in the 1st quarter. Jones Financial Companies Lllp now owns 8,917 shares of the company’s stock worth $1,249,000 after buying an additional 3,856 shares during the period. Janney Capital Management LLC bought a new position in shares of iShares U.S. Broker-Dealers & Securities Exchanges ETF in the first quarter worth about $450,000. Fifth Third Securities Inc. grew its position in shares of iShares U.S. Broker-Dealers & Securities Exchanges ETF by 73.6% during the first quarter. Fifth Third Securities Inc. now owns 6,616 shares of the company’s stock worth $927,000 after purchasing an additional 2,805 shares in the last quarter. Strategic Blueprint LLC purchased a new stake in shares of iShares U.S. Broker-Dealers & Securities Exchanges ETF during the first quarter worth about $202,000. Finally, Hudson Value Partners LLC raised its stake in iShares U.S. Broker-Dealers & Securities Exchanges ETF by 16.1% during 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 during the period.

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

IAI stock opened at $173.94 on Thursday. iShares U.S. Broker-Dealers & Securities Exchanges ETF has a 1-year low of $116.88 and a 1-year high of $179.07. The company has a market capitalization of $1.44 billion, a price-to-earnings ratio of 23.81 and a beta of 1.05. The business has a 50 day simple moving average of $174.84 and a two-hundred day simple moving average of $159.18.

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.