iShares U.S. Broker-Dealers & Securities Exchanges ETF (NYSEARCA:IAI) Shares Sold by Resolute Wealth Strategies LLC

Resolute Wealth Strategies LLC lessened its stake in iShares U.S. Broker-Dealers & Securities Exchanges ETF (NYSEARCA:IAI) by 8.6% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 2,295 shares of the company’s stock after selling 215 shares during the quarter. Resolute Wealth Strategies LLC’s holdings in iShares U.S. Broker-Dealers & Securities Exchanges ETF were worth $331,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of IAI. Jackson Wealth Management LLC bought a new stake in shares of iShares U.S. Broker-Dealers & Securities Exchanges ETF during the 4th quarter valued at about $714,000. Hudson Value Partners LLC bought a new stake in shares of iShares U.S. Broker-Dealers & Securities Exchanges ETF during the 4th quarter valued at about $558,000. Fifth Third Securities Inc. bought a new stake in shares of iShares U.S. Broker-Dealers & Securities Exchanges ETF during the 4th quarter valued at about $549,000. Q3 Asset Management grew its position in shares of iShares U.S. Broker-Dealers & Securities Exchanges ETF by 43.2% during the 4th quarter. Q3 Asset Management now owns 10,176 shares of the company’s stock valued at $1,464,000 after buying an additional 3,072 shares during the last quarter. Finally, Kingswood Wealth Advisors LLC bought a new stake in shares of iShares U.S. Broker-Dealers & Securities Exchanges ETF during the 4th quarter valued at about $419,000.

iShares U.S. Broker-Dealers & Securities Exchanges ETF Stock Down 1.8 %

Shares of NYSEARCA:IAI opened at $149.99 on Tuesday. iShares U.S. Broker-Dealers & Securities Exchanges ETF has a fifty-two week low of $109.17 and a fifty-two week high of $159.90. The firm has a 50-day simple moving average of $151.37 and a 200 day simple moving average of $141.86. The company has a market cap of $2.22 billion, a PE ratio of 25.21 and a beta of 1.16.

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

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.