ETF Spotlight: Broker-Dealers | ETF Trends

ETF spotlight on iShares Dow Jones US Broker-Dealers (NYSEArca: IAI), part of an ongoing series.

Assets: $57.8 million.

Objective: The iShares Dow Jones U.S. Broker-Dealers Index Fund tries to reflect the performance of the Dow Jones U.S. Select Investment Services Index, which includes companies from the investment services sector, such as financial services, brokers/dealers, online brokers and securities or commodities exchanges.

Holdings: Top holdings include: Goldman Sachs Group (NYSE: GS) 8.4%, Morgan Stanley (NYSE: MS), Ameriprise Financial (NYSE: AMP) 6.4%, Charles Schwab Group (NYSE: SCHW) and CME Group (NasdaqGS: CME) 5.9%.