2024-06-08 05:56:00 ET
BlackRock is responsible for more than $10 trillion in client funds, making it the world's largest asset manager. Around $3.3 trillion of that is managed by its iShares subsidiary, which offers more than 1,400 exchange-traded funds (ETFs) to investors.
The iShares Semiconductor ETF (NASDAQ: SOXX) is one of those 1,400 funds, and thanks to its top holdings in explosive artificial intelligence (AI) stocks like Nvidia (NASDAQ: NVDA) , it is generating spectacular returns for investors.
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For further details see:
1 Stock-Split ETF That Could Turn $400 Per Month Into $1 Million, With Nvidia's Help