BlackRock Launches Nasdaq-100 ETF Competing with Invesco and State Street
BlackRock has launched a new Nasdaq-100 ETF, IQQ, joining competition against Invesco's QQQ and State Street's recently introduced fund. The move increases options for investors seeking exposure to the index but is unlikely to significantly shift market preference due to brand recognition and incumbent advantages.
Topics: BlackRock competition ETFs Invesco Nasdaq-100 State Street