264 Shares in iShares U.S. Broker-Dealers & Securities Exchanges ETF (NYSEARCA:IAI) Purchased by SouthState Corp

SouthState Corp purchased a new stake in iShares U.S. Broker-Dealers & Securities Exchanges ETF (NYSEARCA:IAI) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 264 shares of the company’s stock, valued at approximately $38,000.

A number of other hedge funds also recently modified their holdings of IAI. Wilmington Savings Fund Society FSB acquired a new position in shares of iShares U.S. Broker-Dealers & Securities Exchanges ETF in the 3rd quarter valued at $56,000. Kingswood Wealth Advisors LLC acquired a new position in iShares U.S. Broker-Dealers & Securities Exchanges ETF in the fourth quarter worth about $419,000. Fifth Third Securities Inc. bought a new position in iShares U.S. Broker-Dealers & Securities Exchanges ETF during the fourth quarter worth about $549,000. Q3 Asset Management boosted its holdings in iShares U.S. Broker-Dealers & Securities Exchanges ETF by 43.2% during the fourth quarter. Q3 Asset Management now owns 10,176 shares of the company’s stock valued at $1,464,000 after purchasing an additional 3,072 shares in the last quarter. Finally, Jackson Wealth Management LLC bought a new stake in shares of iShares U.S. Broker-Dealers & Securities Exchanges ETF in the 4th quarter valued at approximately $714,000.

iShares U.S. Broker-Dealers & Securities Exchanges ETF Trading Down 0.7 %

Shares of IAI opened at $139.91 on Wednesday. The stock has a 50 day simple moving average of $150.25 and a 200-day simple moving average of $143.13. The stock has a market cap of $1.43 billion, a PE ratio of 22.09 and a beta of 1.16. iShares U.S. Broker-Dealers & Securities Exchanges ETF has a 1 year low of $109.17 and a 1 year high of $159.90.

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.