Meet the BlackRock ETF With 39.2% of Its Portfolio Invested in Broadcom, Nvidia, Amazon, and Microsoft

BlackRock is the world's largest asset manager, with $11.5 trillion in client money under its supervision. Around $3.3 trillion of that is sitting in exchange-traded funds (ETFs) that are operated by the company's iShares subsidiary. Investors can passively own hundreds or even thousands of stocks by purchasing just a handful of different ETFs. They can be especially useful when investors want exposure to a new industry like artificial intelligence (AI) because it's challenging to determine which individual stocks might be the long-term winners and losers. As the late Vanguard founder John C. Bogle once said, "Don't look for the needle in the haystack, just buy the haystack!"iShares currently offers more than 1,400 different ETFs. One of them is the iShares U.S. Tech Independence Focused ETF (NYSEMKT: IETC), and more than one-third of its portfolio (by value) is invested in four AI leaders. Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool