BlackRock Future Tech ETF (BTEK)
BlackRock Future Tech ETF operates in the Asset Management industry of the Financial Services sector, headquartered in New York, NY, US. The stock last traded at $23.18, up 0.01% on the session, giving a market capitalisation of $13.4M. Its beta of 1.41 implies it has historically moved more than the broad market.
Under typical market circumstances, this fund allocates a significant portion—at least 80% of its net assets, supplemented by any borrowed funds for investment purposes—to equity stakes in companies. These companies are involved in technology or technology-related sectors, operating both domestically (U.S.) and internationally. Investment choices emphasize firms demonstrating the capacity for swift and enduring growth, stemming from their work in developing, advancing, or utilizing technology. There are no limitations on the market capitalization of these companies, and the fund may invest anywhere worldwide, including in developing markets. This fund is structured as a non-diversified investment.
BlackRock Future Tech ETF is most often compared with the following Financial Services names: