BlackRock Confirms Management of iShares FinTech Active ETF
- Reports
- 4
- Developments
- 1
- Repetition
- 75%
New informationRepeats or wire copies
What happened
BlackRock confirmed its management of the iShares FinTech Active ETF, which tracks global companies applying innovative technologies in financial services. As of October 15, the ETF saw short interest decrease by 65.4% from the September 30 total of 358 shares, reaching 124 shares. The ETF traded down $0.24 on Friday, closing at $24.10.
From dailypolitical.com
Why it matters
The iShares FinTech Active ETF is an actively managed fund that invests in the financial technology sector. The recent decrease in short interest and the increase in trading volume suggest shifts in market sentiment regarding the FinTech industry. The fund was launched on August 16, 2022, and has a market capitalization of $8.68 million.
From dailypolitical.com
Who's involved
- BlackRockManages the iShares FinTech Active ETF
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The entities involved
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BlackRock
American multinational investment management corporation
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