IBLC Profile
iShares
Blockchain and Tech ETF is an exchange-traded fund (ETF) that seeks to
track the investment results of an index composed of US and non-US
companies that develop, invest in, or utilize blockchain technology.
The ETF is managed by BlackRock Fund Advisors and was first launched
in June 2021.
Expense Ratio: The expense ratio for iShares
Blockchain and Tech ETF is 0.46%, which is considered moderately low
for ETFs focused on specialized sectors.
The ETF provides
exposure to companies involved in blockchain technology, including
those involved in the development of blockchain applications,
cryptocurrencies, and other digital assets. The ETF invests in a range
of market capitalization companies, from large to small and mid-sized
companies, with the aim of providing investors with broad exposure to
the blockchain and technology sector.
As of March 18, 2023, the
ETF had a total net asset value (NAV) of approximately $130 million
and held 68 different stock holdings. The ETF has a relatively
concentrated portfolio, with a high weighting towards the technology
sector, particularly software and internet services.
Overall,
iShares Blockchain and Tech ETF may be appropriate for investors
seeking exposure to companies that are developing, investing in, or
utilizing blockchain technology. However, as a specialized sector ETF,
it may be subject to greater volatility and risk compared to broader
market ETFs. Additionally, investors should be aware of the moderately
low expense ratio of the fund. As always, it is important to conduct
thorough research and consider your own investment objectives and risk
tolerance before making any investment
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