iShares U.S. Broker-Dealers & Securities Exchanges ETF (IAI)

NYSEARCA: IAI · IEX Real-Time Price · USD
94.11
-0.03 (-0.03%)
Aug 8, 2022 4:00 PM EDT - Market closed
-0.03%
Assets $431.16M
NAV $93.73
Expense Ratio 0.41%
PE Ratio 8.98
Shares Out 4.60M
Dividend (ttm) $2.08
Dividend Yield 2.21%
Ex-Dividend Date Jun 9, 2022
1-Year Return -11.75%
Volume 15,031
Open 94.66
Previous Close 94.14
Day's Range 94.05 - 95.05
52-Week Low 80.63
52-Week High 116.25
Beta 1.06
Holdings 30
Inception Date May 1, 2006

About IAI

The index measures the performance of the investment services sector of the U.S. equity market, as defined by SPDJI. The fund generally will invest at least 80% of its assets in the component securities of its index and in investments that have economic characteristics that are substantially identical to the component securities of its index and may invest up to 20% of its assets in certain futures, options and swap contracts, cash and cash equivalents. It is non-diversified.

Asset Class Equity
Sector Financial Services
Region North America
Issuer BlackRock iShares
Stock Exchange NYSEARCA
Ticker Symbol IAI
Index Tracked Dow Jones U.S. Select Investment Services Index

Top 10 Holdings

76.82% of assets
Name Symbol Weight
Morgan Stanley MS 20.13%
The Goldman Sachs Group GS 19.20%
The Charles Schwab Corporation SCHW 5.71%
Nasdaq NDAQ 5.08%
LPL Financial Holdings LPLA 4.77%
Cboe Global Markets CBOE 4.56%
Raymond James Financial RJF 4.55%
Intercontinental Exchange ICE 4.45%
CME Group CME 4.35%
MarketAxess Holdings MKTX 4.04%
View More Holdings

Dividends

Ex-Dividend Amount Pay Date
Jun 9, 2022 $0.39643 Jun 15, 2022
Mar 24, 2022 $0.72764 Mar 30, 2022
Dec 13, 2021 $0.51657 Dec 17, 2021
Sep 24, 2021 $0.435 Sep 30, 2021
Jun 10, 2021 $0.26082 Jun 16, 2021
Mar 25, 2021 $0.23427 Mar 31, 2021
Full Dividend History

News

Banking Earnings Downbeat: What's in Store for ETFs?

Only two out of six big U.S. banks was able to beat overall this earnings season.

Other symbols: IYGKBWBVFHXLF

What's in Store for Bank ETFs This Earnings Season?

Big banks will start releasing their quarterly numbers from this week.

Time for Bank ETFs on Cheaper Valuation & Decent fundamentals?

Many analysts are of the view that U.S. banks are better-prepared for a likely recession. Banks are great bargains now.

Other symbols: IYFIYGKBEKBWBVFHXLF

Time for Bank ETFs After Successful Fed Stress Test?

U.S. banking biggies have cleared the key Stress Test successfully and some of them have hiked dividends soon after the release of the test result.

Other symbols: IYGKBWBVFHXLF

How Will Bank ETFs Perform in Light of Q4 Earnings?

Bank ETFs should gain on the rising rates trend even if Q4 earnings results do not come in extremely impressive.

Other symbols: XLFIYFKBWBVFH

Should You Bank on Financial ETFs Now?

Banks reported excellent results for the third quarter

Other symbols: GSJPMKREMSXLF

Should You Invest in the iShares U.S. BrokerDealers & Securities Exchanges ETF (IAI)?

Sector ETF report for IAI

ETFs With The Most Single Stock Risk

These funds are at the mercy of concentrated holdings.

5 Must-Watch ETF Charts of Q2 Earnings

Below are five ETFs that have gained from strong earnings results.

Other symbols: BUGGERMRTM

4 Top-Performing Sector ETFs of 2021

Wall Street has rallied hard this year on vaccine distribution, a prolonged period of easy money policy and fiscal stimulus.

Other symbols: EWCONUREPXE

5 Financial ETFs to Buy on Taper Talks

The shift toward a tighter monetary policy will push the yields higher, thereby benefiting the financial sector.

Other symbols: IYGKREQABAXLF

Bet on Top-Ranked Sectors With These ETFs & Stocks

Thanks to solid corporate earnings and a fresh large infrastructure bill, the Wall Street bulls are charging higher.

Other symbols: ARCHMMCPAGPYZXRT

Finance ETF (IAI) Hits New 52-Week High

The finance ETF hit a new 52-week high. Can it soar further?

Banking Earnings Decent: Time to Buy Financial ETFs on Value?

The financial sector, which accounts for around one-fifth of the S&P 500 Index, had a decent Q2.

Banking ETFs Fall on New Credit Suisse Forecasts

The banking sector and bank ETFs could be in trouble, according to Credit Suisse and Nomura, who admonished investors Monday of “significant” damage to Q1 results, after they began exiting positions wit...

Other symbols: IYF

10 Sector ETFs Flying Higher on a Recovering Economy

When the economy improves, the stock market sees a boom, especially the cyclical stocks, which are closely tied to economic activities.

Israel Is Going To Market Its Weapons Systems In The United Arab Emirates

In a historic first, Israel will market the various military hardware and technology it has to offer for export in the United Arab Emirates.

Banking Puts Up a Mixed Show in Q4 Earnings, ETFs Down

Four big banks reported mixed results while two crushed estimates in the current reporting cycle.

Time to Bet on Bank ETFs Before Earnings Release?

Big banks will start releasing their quarterly numbers this week. The chances of a broad-based earnings beat are high.

Other symbols: IYFIYGKBWBVFHXLF

Buy 5 High-Beta ETFs Offering Value to Tap Santa Rally

Stimulus deal appears to set the stage for the Santa rally in 2020.

Other symbols: RYTVIOOXBIXRT

Is The Retail Broker Boom Good For Customers?

With the coronavirus pandemic causing an increasing number of individuals who are working from home, there has been an explosion in the number of retail traders, who are turning to online brokerages for...

Retail Brokers Are Booming During Quarantine

With millions of Americans working from home or quarantined due to the coronavirus pandemic, the retail stock trading industry has been booming. Major online brokers such as Charles Schwab, TD Ameritrad...

Banking Earnings Decent in Q2: ETFs in Focus

The Q2 earnings season has been pretty upbeat so far for the financial sector. Solid trading and investment banking revenues have been the key for bank earnings.

Other symbols: IYFIYGKBWBVFHXLF

Bank ETFs Rise on Merger Speculations

U.S. bank stocks and ETFs gain on merger speculation. What lies ahead?

Other symbols: FTXOIATKBEKBWB

Should You Invest in the iShares U.S. Broker-Dealers & Securities Exchanges ETF (IAI)?

Sector ETF report for IAI