BlackRock Future Climate and Sustainable Economy ETF (BECO)
BlackRock Future Climate and Sustainable Economy ETF operates in the Asset Management industry of the Financial Services sector, headquartered in New York, NY, US. The stock last traded at $20.70, up 0.12% on the session, giving a market capitalisation of $3.2M. Its beta of 1.07 implies it has historically moved more than the broad market.
This fund aims to generate the highest possible overall returns by primarily allocating capital to companies that BlackRock Fund Advisors (BFA) identifies as instrumental in advancing the global transition to a low-carbon economy. Furthermore, it seeks to establish an equity portfolio whose collective environmental profile, as assessed by BFA, is superior to that of the MSCI ACWI Multiple Industries Select Index. The fund operates with a non-diversified investment approach.
BlackRock Future Climate and Sustainable Economy ETF is most often compared with the following Financial Services names: