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The world's largest asset manager is seeking approval for iShares Nas.
BlackRock has filed for a new ETF to track the Nasdaq-100 under the ticker 'IQQ'.
KEY POINTS
- This ETF directly challenges Invesco's QQQ Trust, which manages about $376 billion in assets.
- Only a few ETFs currently offer exclusive tracking of the Nasdaq-100 index.
- Fees for BlackRock's proposed iShares Nasdaq-100 ETF have not yet been disclosed.
COMPANIES
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