iShares U.S. Broker-Dealers & Securities Exchanges ETF (NYSEARCA:IAI) Hits New 1-Year High at $116.18

Shares of iShares U.S. Broker-Dealers & Securities Exchanges ETF (NYSEARCA:IAIGet Free Report) reached a new 52-week high during trading on Tuesday . The company traded as high as $116.18 and last traded at $115.87, with a volume of 6572 shares. The stock had previously closed at $115.74.

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

The company has a market cap of $1.10 billion, a PE ratio of 19.09 and a beta of 0.95. The stock’s 50 day moving average price is $113.06 and its 200-day moving average price is $105.70.

Institutional Trading of iShares U.S. Broker-Dealers & Securities Exchanges ETF

An institutional investor recently raised its position in iShares U.S. Broker-Dealers & Securities Exchanges ETF stock. Q3 Asset Management boosted its stake in shares of iShares U.S. Broker-Dealers & Securities Exchanges ETF (NYSEARCA:IAIFree Report) by 7.0% during the 1st quarter, according to its most recent filing with the SEC. The firm owned 14,988 shares of the company’s stock after purchasing an additional 980 shares during the period. iShares U.S. Broker-Dealers & Securities Exchanges ETF makes up approximately 0.5% of Q3 Asset Management’s portfolio, making the stock its 24th biggest holding. Q3 Asset Management owned 0.16% of iShares U.S. Broker-Dealers & Securities Exchanges ETF worth $1,735,000 as of its most recent filing with the SEC.

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

(Get 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.

Further Reading

Receive News & Ratings for iShares U.S. Broker-Dealers & Securities Exchanges ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares U.S. Broker-Dealers & Securities Exchanges ETF and related companies with MarketBeat.com's FREE daily email newsletter.