BlackRock (BLK) said Thursday it has launched three exchange traded funds to enhance investor access to major companies listed in the US.
The three new ETFs are the ETFs-iShares Top 20 US Stocks (TOPT), Nasdaq Top 30 Stocks (QTOP), and Nasdaq-100 ex-Top 30 (QNXT).
Part of the iShares Build series, the funds aim to help investors capture growth in mega-cap stocks, which have driven 68% of the S&P 500's returns over the past three years, the asset manager said. The ETFs target diverse investor needs, offering tools for more precise market cap exposure amid a rapidly evolving US capital market, BlackRock said.
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