BlackRock's New iShares ETF Aims Beyond Magnificent Seven

Benzinga 2024-11-01

Views 958

BlackRock’s iShares has launched the iShares Top 20 U.S. Stocks ETF to provide investors with a more diversified option beyond the Magnificent Seven tech giants. The ETF includes the 20 largest U.S. stocks by market cap, combining tech-focused Nasdaq companies and broader S&P 500 players. BlackRock’s Rachel Aguirre explained that this ETF is designed as a simplified way for investors to access growth opportunities within the U.S. equity market while mitigating overexposure to the tech-dominated Magnificent Seven. The ETF aims to offer a balanced approach to portfolio growth.

Share This Video


Download

  
Report form