iShares U.S. Broker-Dealers & Securities Exchanges ETF (IAI) Price, Holdings, & News

ETF Overview

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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index. The Fund’s investment advisor is BlackRock Fund Advisors.

Key Stats

• Today's Range: $148.24 to $150.96
• 50-Day Range: $123.02 to $150.51
• 52-Week Range: $94.02 to $151.21
• Volume: 83,890 shs
• Average Volume: 95,864 shs
• Market Capitalization: $1.40 billion
• Assets Under Management: $1.71 billion
• Dividend Yield: 1.39%
• Net Expense Ratio: 0.40%
• Aggregate Rating: Moderate Buy

IAI ETF - Frequently Asked Questions

How have IAI shares performed this year?

iShares U.S. Broker-Dealers & Securities Exchanges ETF's stock was trading at $108.53 at the start of the year. Since then, IAI shares have increased by 36.8% and is now trading at $148.48.
View the best growth stocks for 2024 here.

Who are iShares U.S. Broker-Dealers & Securities Exchanges ETF's major shareholders?

iShares U.S. Broker-Dealers & Securities Exchanges ETF's top institutional shareholders include Janney Montgomery Scott LLC (8.69%), Fisher Asset Management LLC (8.24%), WestEnd Advisors LLC (8.10%) and Eastern Bank (0.01%).

How do I buy shares of iShares U.S. Broker-Dealers & Securities Exchanges ETF?

Shares of IAI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of iShares U.S. Broker-Dealers & Securities Exchanges ETF own?

Based on aggregate information from My MarketBeat watchlists, some other companies that iShares U.S. Broker-Dealers & Securities Exchanges ETF investors own include iShares Micro-Cap ETF (IWC), The RMR Group (RMR), Waste Connections (WCN), DiamondRock Hospitality (DRH), AUO (AUOTY), American Water Works (AWK) and Triple Flag Precious Metals (TFPM).

Fund Details

• Issuer: iShares
• Fund Name: iShares U.S. Broker-Dealers & Securities Exchanges ETF
• Tax Classification: Regulated Investment Company
• Stock Exchange: NYSEARCA
• Current Symbol: NYSEARCA:IAI
• Inception Date: 5/1/2006
• Fund Manager: Diane Hsiung, Jennifer Hsui, Greg Savage, Alan Mason
• Web: ishares.com
• Phone: N/A

Fund Focus

• Asset Class: Equity
• Benchmark: Dow Jones U.S. Select Investment Services Index
• Category: Sector
• Focus: Financials
• Development Level: Developed Markets
• Region: North America
• Number of Holdings: 37

Fund Statistics

• Assets Under Management: $1.71 billion
• Average Daily Volume: $96,125.20
• Discount/Premium: 0.01%

Administrator, Advisor and Custodian

• Administrator: Citibank, N.A.
• Advisor: BlackRock Fund Advisors
• Custodian: Citibank, N.A.
• Distributor: BlackRock Investments, LLC
• Transfer Agent: Citibank, N.A.
• Trustee: N/A
• Lead Market Maker: Virtu Financial

Options

• Optionable: Optionable
• Options Volume: 17
• Put Options: 3
• Call Options: 14
• Short Interest: 5,400 shs

Miscellaneous

• Outstanding Shares: 9,450,000
• Beta: 0.95
• Creation Unit: 50,000
• Creation Fee: $184.00