NYSE ARCA | ETF
The fund employs an indexing investment approach designed to track the performance of the MSCI US Investable Market Index (IMI)/Financials 25/50, an index made up of stocks of large, mid-size, and small U.S. companies within the financials sector, as classified under the GICS.
The Advisor attempts to replicate the target index by seeking to invest all, or substantially all, of its assets in the stocks that make up the index, in order to hold each stock in approximately the same proportion as its weighting in the index.
The fund is non-diversified.
Top 20 Holdings
| Asset | Name | Sector | Industry | Weight |
|---|---|---|---|---|
| JPM | JPMorgan Chase & Co | Financial Services | Banks - Diversified | 8.77% |
| BRK-B | Berkshire Hathaway Inc | Financial Services | Insurance - Diversified | 8.06% |
| MA | Mastercard Inc | Financial Services | Credit Services | 5.55% |
| V | Visa Inc. Class A | Financial Services | Credit Services | 4.29% |
| BAC | Bank of America Corp | Financial Services | Banks - Diversified | 4.27% |
| WFC | Wells Fargo & Company | Financial Services | Banks - Diversified | 3.18% |
| GS | Goldman Sachs Group Inc | Financial Services | Capital Markets | 2.22% |
| SPGI | S&P Global Inc | Financial Services | Financial Data & Stock Exchanges | 2.16% |
| AXP | American Express Company | Financial Services | Credit Services | 2.01% |
| C | Citigroup Inc | Financial Services | Banks - Diversified | 1.84% |
| PGR | Progressive Corp | Financial Services | Insurance - Property & Casualty | 1.84% |
| MS | Morgan Stanley | Financial Services | Capital Markets | 1.80% |
| BLK | BlackRock Inc | Financial Services | Asset Management | 1.77% |
| SCHW | Charles Schwab Corp | Financial Services | Capital Markets | 1.68% |
| MMC | Marsh & McLennan Companies Inc | Financial Services | Insurance Brokers | 1.57% |
| CB | Chubb Ltd | Financial Services | Insurance - Property & Casualty | 1.56% |
| BX | Blackstone Group Inc | Financial Services | Asset Management | 1.34% |
| FISV | Fiserv Inc. | Technology | Information Technology Services | 1.33% |
| ICE | Intercontinental Exchange Inc | Financial Services | Financial Data & Stock Exchanges | 1.18% |
| CME | CME Group Inc | Financial Services | Financial Data & Stock Exchanges | 1.07% |