Money Concepts Discloses Majority 53.2% Holding in iShares Trust ETF

Rhea-AI Filing Summary

Money Concepts Capital Corp filed an amendment to Schedule 13G disclosing beneficial ownership of 2,259,905 shares of an iShares Trust exchange traded product (CUSIP 46436E536), representing 53.2% of the class. The filing states the shares are held in the ordinary course of business and were not acquired to influence control. The reporting person is organized in Florida and lists 11440 North Jog Road, Palm Beach Gardens, FL as its principal business address. The statement shows sole dispositive power over 2,259,905 shares and reports 0 sole or shared voting power, with certification signed by Liza Perlow, Vice President.

Positive

• Material disclosure of beneficial ownership: 2,259,905 shares, representing 53.2% of the class.
• Certifies ordinary course of business: Filing states shares were not acquired to change or influence control.

Negative

• No reported voting power: Filing shows 0 sole and 0 shared voting power despite 53.2% beneficial ownership.
• Concentration in a single holder: Majority economic stake may affect liquidity and ownership concentration (reported explicitly).

Insights

Securities Analyst

TL;DR: A single institutional filer reports majority economic ownership (53.2%) but declares no voting power on the position.

The filing discloses a materially large beneficial position: 2,259,905 shares equal 53.2% of the class. That scale is inherently material for holders and analysts because it represents a majority economic stake. Notably, the filer reports sole dispositive power but zero voting power, which is an unusual allocation of rights and warrants careful review of underlying custody or advisory arrangements to understand governance implications. The certification states the position was acquired in the ordinary course of business and not to influence control.

Corporate Governance Expert

TL;DR: Majority beneficial ownership disclosed, yet the filer reports no voting authority—this raises governance and voting representation questions.

A 53.2% beneficial stake is material for investor oversight and could affect holder composition and liquidity dynamics. The statement explicitly lists 0 sole and 0 shared voting power while claiming sole dispositive power for all reported shares, implying the filer can direct disposition but not voting. This distinction is important for governance analysis because economic ownership and voting control are separated in this disclosure. The filing contains the required certification and signature by a corporate officer.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 3)

iSHARES TRUST

(Name of Issuer)

EXCHANGE TRADED PRODUCT

(Title of Class of Securities)

46436E536

(CUSIP Number)

06/30/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 46436E536

1

Names of Reporting Persons

MONEY CONCEPTS CAPITAL CORP

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

FLORIDA

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 2,259,905.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

2,259,905.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

53.2 %

12

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13G

Item 1.
(a)	Name of issuer: iSHARES TRUST
(b)	Address of issuer's principal executive offices: 400 HOWARD STREET, SAN FRANCISCO, CALIFORNIA 94105
Item 2.
(a)	Name of person filing: MONEY CONCEPTS CAPITAL CORP
(b)	Address or principal business office or, if none, residence: 11440 NORTH JOG ROAD PALM BEACH GARDENS, Florida 33418-3764
(c)	Citizenship: MONEY CONCEPTS CAPITAL CORP - FLORIDA
(d)	Title of class of securities: EXCHANGE TRADED PRODUCT
(e)	CUSIP No.: 46436E536
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 2,259,905
(b)	Percent of class: 53.2 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: MONEY CONCEPTS CAPITAL CORP - 0
	(ii) Shared power to vote or to direct the vote: MONEY CONCEPTS CAPITAL CORP - 0
	(iii) Sole power to dispose or to direct the disposition of: MONEY CONCEPTS CAPITAL CORP - 2,259,905
	(iv) Shared power to dispose or to direct the disposition of: MONEY CONCEPTS CAPITAL CORP - 0
Item 5.	Ownership of 5 Percent or Less of a Class.
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

MONEY CONCEPTS CAPITAL CORP

Signature:	LIZA PERLOW
Name/Title:	VICE PRESIDENT
Date:	08/18/2025

FAQ

What stake in USBF does Money Concepts Capital Corp report?

The filer reports beneficial ownership of 2,259,905 shares, equal to 53.2% of the class.

Does Money Concepts report voting control over the shares?

No. The filing reports 0 sole voting power and 0 shared voting power, while showing sole dispositive power for the shares.

What is the reporting person's address and place of organization?

Money Concepts Capital Corp is organized in Florida with a principal business address at 11440 North Jog Road, Palm Beach Gardens, FL 33418.

Was the position acquired to influence control of the issuer?

The filer certifies the securities were acquired and are held in the ordinary course of business and were not acquired to change or influence control of the issuer.

Who signed the filing and when?

The filing is signed by Liza Perlow, Vice President, with the signature date reported as 08/18/2025.