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Investors Flock To BlackRock's Tech ETF -- In Europe, That Is

TedTed
edited March 2018 in The Bullpen
FYI: European investors are making some big bets on U.S. technology.

This year, the Europe-listed iShares S&P 500 Information Technology Sector ETF, ticker IUIT, has added $579 million, bringing its total assets to a record $1.1 billion. What’s more, the BlackRock Inc. fund, which holds tech stalwarts like Apple Inc., Microsoft Corp. and Facebook Inc., has experienced just one day of outflows since the start of the year -- Jan. 29, when investors pulled $6.2 million.
Regards,
Ted

https://www.bloomberg.com/news/articles/2018-03-07/investors-flock-to-blackrock-s-tech-etf-in-europe-that-is?srnd=etfcenter
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