 iShares
Core S&P Mid-Cap ETF is an exchange-traded fund (ETF) that seeks to
track the investment results of an index composed of US mid-sized
companies. The ETF is managed by BlackRock Fund Advisors and was first
launched in May 2000.
Expense Ratio: The expense ratio for
iShares Core S&P Mid-Cap ETF is 0.05%, which is considered low for a
mid-cap ETF.
The ETF provides exposure to a diversified
portfolio of mid-sized US companies, which are generally defined as
having a market capitalization between $2 billion and $10 billion. The
ETF invests in a range of mid-cap companies across different sectors,
including industrials, healthcare, technology, and financials, with
the aim of providing investors with long-term capital appreciation.
As of March 18, 2023, the ETF had a total net asset value (NAV) of
approximately $74 billion and held 445 different stock holdings. The
ETF has a relatively concentrated portfolio, with a high weighting
towards the industrials and technology sectors.
Overall,
iShares Core S&P Mid-Cap ETF may be appropriate for investors seeking
exposure to mid-sized US companies through a diversified portfolio.
However, investors should be aware that mid-cap companies are
generally considered higher risk than large-cap companies and may be
more volatile. Additionally, investors should be aware of the low
expense ratio of the fund. As always, it is important to conduct
thorough research and consider your own investment objectives and risk
tolerance before making any investment decisions.
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