business / news / / Financial Post
is setting its sights on a corner of the US$13.7 trillion United States exchange-traded fund industry long controlled by Invesco.
BlackRock has filed to launch the iShares Nasdaq 100 ETF under the ticker IQQ.
KEY POINTS
- IQQ would be the first U.S.-listed Nasdaq 100 ETF not managed by Invesco.
- Nasdaq has historically limited licensing of its Nasdaq 100 index to Invesco in the U.S.
- BlackRock already manages four Nasdaq 100-tracking ETFs outside the U.S. market.
COMPANIES
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