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IETC - iShares Evolved U.S. Technology ETF

Expense Ratio: 0.18%

IETC ETF Stock Chart

IETC Profile

iShares Evolved U.S. Technology ETF logo

The iShares Evolved U.S. Technology ETF, with the ticker symbol IETC, is an exchange-traded fund that seeks to provide investors with exposure to companies in the U.S. technology sector. The IETC ETF is managed by iShares, a leading global investment management firm, and uses an artificial intelligence-driven process to select and classify companies in the technology sector. The IETC ETF aims to provide investors with potential for long-term capital appreciation through exposure to the U.S. technology sector. Here's an extended company report for the iShares Evolved U.S. Technology ETF:

The iShares Evolved U.S. Technology ETF was launched in 2018 by iShares, a leading global investment management firm. The ETF seeks to provide investors with exposure to companies in the U.S. technology sector using an artificial intelligence-driven process to select and classify companies.

The iShares Evolved U.S. Technology ETF uses a unique approach to classify companies in the technology sector. Rather than using traditional industry classifications, the ETF uses machine learning and natural language processing techniques to analyze company filings and other data sources to identify companies that are involved in technology-related business activities. The ETF's investment strategy seeks to provide investors with potential for long-term capital appreciation through exposure to the U.S. technology sector.

As of March 18, 2023, the iShares Evolved U.S. Technology ETF had a net asset value of approximately $1.3 billion. The ETF's expense ratio is 0.18%, which is competitive for similar ETFs.

Investing in the iShares Evolved U.S. Technology ETF involves risks, including the risk that the ETF's performance may be affected by changes in market conditions, regulatory changes, and other factors that may impact the companies in which the ETF invests. In addition, the ETF's performance may be affected by fluctuations in the prices of individual securities held by the ETF, as well as changes in the technology sector and advancements in technology.

In conclusion, the iShares Evolved U.S. Technology ETF seeks to provide investors with exposure to companies in the U.S. technology sector using an innovative artificial intelligence-driven process to identify and classify companies. The ETF aims to provide potential for long-term capital appreciation through exposure to the U.S. technology sector. However, investors should carefully consider the risks and potential benefits of investing in the iShares Evolved U.S. Technology ETF before making any investment


 

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