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BlackRock has filed for an exchange-traded fund that will track the Nasdaq-100.
BlackRock has filed for a new ETF to track the Nasdaq-100 index.
KEY POINTS
- The proposed ETF will trade under the ticker symbol 'IQQ'.
- This move directly challenges Invesco's QQQ Trust ETF, which manages $376 billion in assets.
- Few ETFs currently offer exclusive tracking of the Nasdaq-100 index.
COMPANIES
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