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iShares To Close 16 ETFs

FYI: The ETF industry’s biggest ETF issuer doesn’t often shut down ETFs, but when it does, BlackRock’s iShares arm tends to do it in the summertime.

iShares announced today that it will be closing 16 ETFs, almost all of them falling under the smart-beta rubric. The funds’ last day of trading will be Aug. 15.
Regards,
Ted
http://www.etf.com/sections/features-and-news/ishares-close-16-etfs
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