BTEK - Blackrock Future Tech ETF

The Blackrock Future Tech ETF (BTEK) seeks to provide exposure to companies that are expected to benefit from the rapid evolution of technology. The fund uses a multi-factor approach that combines a focus on innovative technology companies with an assessment of their growth prospects, quality, and value. BTEK invests in a diverse range of companies involved in areas such as artificial intelligence, robotics, cybersecurity, and cloud computing.

As of September 30, 2021, the fund had total net assets of approximately $1.8 billion and held 116 stocks. Its top holdings include companies such as Amazon, Microsoft, and Alphabet (Google), each of which makes up around 7% of the portfolio. The fund's expense ratio is 0.30%.

Investors should note that BTEK's focus on innovative technology companies can result in higher volatility than broader market indices. However, the fund's approach may offer long-term growth potential for investors seeking exposure to the technology sector.