iShares U.S. Broker-Dealers & Securities Exchanges ETF (NYSEARCA:IAI) Reaches New 52-Week High at $116.18

iShares U.S. Broker-Dealers & Securities Exchanges ETF (NYSEARCA:IAI) shares reached a new 52-week high on Tuesday . The stock 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 Up 0.9 %

The firm has a market capitalization of $1.10 billion, a P/E ratio of 19.09 and a beta of 0.95. The company’s 50 day moving average is $113.06 and its 200-day moving average is $105.70.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in iShares U.S. Broker-Dealers & Securities Exchanges ETF stock. Q3 Asset Management acquired a new stake in iShares U.S. Broker-Dealers & Securities Exchanges ETF (NYSEARCA:IAI) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 14,008 shares of the company’s stock, valued at approximately $1,514,000. iShares U.S. Broker-Dealers & Securities Exchanges ETF accounts for 0.4% of Q3 Asset Management’s portfolio, making the stock its 27th biggest holding. Q3 Asset Management owned about 0.33% of iShares U.S. Broker-Dealers & Securities Exchanges ETF at the end of the most recent quarter.

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.