IFP Advisors Inc Has $76,000 Holdings in iShares U.S. Broker-Dealers & Securities Exchanges ETF (IAI)

IFP Advisors Inc lessened its holdings in iShares U.S. Broker-Dealers & Securities Exchanges ETF (NYSEARCA:IAI) by 34.2% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 1,378 shares of the company’s stock after selling 716 shares during the period. IFP Advisors Inc’s holdings in iShares U.S. Broker-Dealers & Securities Exchanges ETF were worth $76,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. MinichMacGregor Wealth Management LLC boosted its holdings in shares of iShares U.S. Broker-Dealers & Securities Exchanges ETF by 13.5% during the 3rd quarter. MinichMacGregor Wealth Management LLC now owns 87,464 shares of the company’s stock valued at $5,453,000 after purchasing an additional 10,397 shares during the last quarter. Janney Montgomery Scott LLC boosted its holdings in shares of iShares U.S. Broker-Dealers & Securities Exchanges ETF by 121.7% during the 3rd quarter. Janney Montgomery Scott LLC now owns 17,433 shares of the company’s stock valued at $1,085,000 after purchasing an additional 9,568 shares during the last quarter. Finally, Baker Avenue Asset Management LP boosted its holdings in shares of iShares U.S. Broker-Dealers & Securities Exchanges ETF by 0.6% during the 3rd quarter. Baker Avenue Asset Management LP now owns 142,913 shares of the company’s stock valued at $8,893,000 after purchasing an additional 855 shares during the last quarter.

Shares of NYSEARCA:IAI opened at $60.89 on Wednesday. iShares U.S. Broker-Dealers & Securities Exchanges ETF has a 12 month low of $51.96 and a 12 month high of $70.58.

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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.

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

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