iShares U.S. Broker-Dealers & Securities Exchanges ETF (IAI) Position Raised by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC grew its stake in iShares U.S. Broker-Dealers & Securities Exchanges ETF (NYSEARCA:IAI) by 121.7% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 17,433 shares of the company’s stock after purchasing an additional 9,568 shares during the quarter. Janney Montgomery Scott LLC’s holdings in iShares U.S. Broker-Dealers & Securities Exchanges ETF were worth $1,085,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Cambridge Investment Research Advisors Inc. bought a new position in iShares U.S. Broker-Dealers & Securities Exchanges ETF in the 2nd quarter worth $277,000. MinichMacGregor Wealth Management LLC raised its holdings in iShares U.S. Broker-Dealers & Securities Exchanges ETF by 13.5% in the 3rd quarter. MinichMacGregor Wealth Management LLC now owns 87,464 shares of the company’s stock worth $5,453,000 after purchasing an additional 10,397 shares in the last quarter. Finally, Barometer Capital Management Inc. raised its holdings in iShares U.S. Broker-Dealers & Securities Exchanges ETF by 26.4% in the 3rd quarter. Barometer Capital Management Inc. now owns 127,700 shares of the company’s stock worth $7,947,000 after purchasing an additional 26,700 shares in the last quarter.

Shares of NYSEARCA IAI opened at $60.04 on Friday. iShares U.S. Broker-Dealers & Securities Exchanges ETF has a 12 month low of $57.86 and a 12 month high of $70.58.

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

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Institutional Ownership by Quarter for iShares U.S. Broker-Dealers & Securities Exchanges ETF (NYSEARCA:IAI)

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