BTEK Profile
The
Blackrock Future Tech ETF (BTEK) seeks to provide exposure to
companies that are expected to benefit from the rapid evolution of
technology. The fund uses a multi-factor approach that combines a
focus on innovative technology companies with an assessment of their
growth prospects, quality, and value. BTEK invests in a diverse range
of companies involved in areas such as artificial intelligence,
robotics, cybersecurity, and cloud computing.
As of September
30, 2021, the fund had total net assets of approximately $1.8 billion
and held 116 stocks. Its top holdings include companies such as
Amazon,
Microsoft, and
Alphabet
(Google), each of which makes up around 7% of the portfolio. The
fund's expense ratio is 0.30%.
Investors should note that
BTEK's focus on innovative technology companies can result in higher
volatility than broader market indices. However, the fund's approach
may offer long-term growth potential for investors seeking exposure to
the technol
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