BlackRock Future Innovators ETF (BFTR)
BlackRock Future Innovators ETF operates in the Asset Management industry of the Financial Services sector, headquartered in New York, NY, US. The stock last traded at $23.89, up 0.03% on the session, giving a market capitalisation of $5.7M. Its beta of 1.29 implies it has historically moved more than the broad market.
Under typical market conditions, the fund dedicates a minimum of 80% of its net assets, including any borrowed funds for investment, to equity securities. These investments primarily target mid- and small-capitalization companies that BlackRock Fund Advisors (BFA) believes possess above-average potential for earnings growth. The fund may also acquire shares of companies through initial public offerings (IPOs). Up to 25% of its total assets can be invested in securities of foreign companies, which includes those located in emerging markets. It is important to note that this fund operates as a non-diversified investment vehicle.
BlackRock Future Innovators ETF is most often compared with the following Financial Services names: