Hudson Value Partners LLC Takes Position in iShares U.S. Broker-Dealers & Securities Exchanges ETF (NYSEARCA:IAI)

Hudson Value Partners LLC purchased a new position in iShares U.S. Broker-Dealers & Securities Exchanges ETF (NYSEARCA:IAI) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 3,869 shares of the company’s stock, valued at approximately $558,000.

A number of other institutional investors have also added to or reduced their stakes in the stock. Jackson Wealth Management LLC purchased a new position in shares of iShares U.S. Broker-Dealers & Securities Exchanges ETF in the fourth quarter valued at $714,000. Q3 Asset Management grew its stake in iShares U.S. Broker-Dealers & Securities Exchanges ETF by 43.2% in the 4th quarter. Q3 Asset Management now owns 10,176 shares of the company’s stock worth $1,464,000 after acquiring an additional 3,072 shares in the last quarter. Fifth Third Securities Inc. purchased a new position in shares of iShares U.S. Broker-Dealers & Securities Exchanges ETF during the fourth quarter valued at $549,000. Kingswood Wealth Advisors LLC purchased a new stake in shares of iShares U.S. Broker-Dealers & Securities Exchanges ETF in the 4th quarter worth approximately $419,000. Finally, Wilmington Savings Fund Society FSB purchased a new position in shares of iShares U.S. Broker-Dealers & Securities Exchanges ETF in the 3rd quarter valued at $56,000.

iShares U.S. Broker-Dealers & Securities Exchanges ETF Trading Up 0.2 %

NYSEARCA IAI opened at $159.30 on Wednesday. iShares U.S. Broker-Dealers & Securities Exchanges ETF has a 12-month low of $106.68 and a 12-month high of $159.90. The firm’s fifty day simple moving average is $150.31 and its two-hundred day simple moving average is $139.71. The firm has a market capitalization of $1.51 billion, a P/E ratio of 19.09 and a beta of 0.95.

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.