iShares U.S. Broker-Dealers & Securities Exchanges ETF (IAI)
| 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.
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% |
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 |
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.
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.
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.
Should You Invest in the iShares U.S. BrokerDealers & Securities Exchanges ETF (IAI)?
Sector ETF report for IAI
5 Must-Watch ETF Charts of Q2 Earnings
Below are five ETFs that have gained from strong earnings results.
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.
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.
Finance ETF (IAI) Hits New 52-Week High
The finance ETF hit a new 52-week high. Can it soar further?
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...
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.
Buy 5 High-Beta ETFs Offering Value to Tap Santa Rally
Stimulus deal appears to set the stage for the Santa rally in 2020.
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...
Bank ETFs Rise on Merger Speculations
U.S. bank stocks and ETFs gain on merger speculation. What lies ahead?
Should You Invest in the iShares U.S. Broker-Dealers & Securities Exchanges ETF (IAI)?
Sector ETF report for IAI