1 Unstoppable BlackRock ETF With 40.6% of Its Portfolio Invested in Broadcom, Amazon, Nvidia, Microsoft, and Palantir

BlackRock (NYSE: BLK) oversees more than $11.6 trillion worth of client money, making it the largest asset manager in the world. Around $3.5 trillion of that is invested in exchange-traded funds (ETFs) which are operated by its iShares subsidiary. ETFs can hold hundreds or even thousands of individual stocks. They can help investors gain exposure to a specific sector of the market like artificial intelligence (AI), which is really useful because picking the individual winners and losers in a new industry is extremely challenging.iShares offers more than 1,400 different ETFs. One of them is the iShares U.S. Tech Independence Focused ETF (NYSEMKT: IETC), and more than 40% of its portfolio (by value) is invested in just five AI powerhouses.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool