BPAY

iShares FinTech Active ETF

$28.64

+0.00%

Market closed. Last update: 10:51 PM ET

📎 Investment Objective

The iShares FinTech Active ETF (BPAY) seeks to provide exposure to companies that are involved in the financial technology (FinTech) industry, with the goal of long-term capital appreciation.

Overview

ETF tracking iShares FinTech Active ETF

Category Technology

Issuer BlackRock

Inception Date 2022-08-18

Market Cap $10.3M

Average Volume N/A

Dividend Yield 0.51%

52-Week Range $21.50 - $34.12

VWAP $28.68

Performance

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Investment Summary

📎 Investment Objective

The iShares FinTech Active ETF (BPAY) seeks to provide exposure to companies that are involved in the financial technology (FinTech) industry, with the goal of long-term capital appreciation.

🎯 Investment Strategy

The ETF uses an active management strategy, where the portfolio manager selects a diversified portfolio of FinTech-related companies that they believe have the potential for growth. The fund invests in a range of FinTech-related businesses, including those involved in digital payments, lending, wealth management, and other financial technology services.

✨ Key Features

Actively managed portfolio of FinTech companies
Exposure to the rapidly evolving financial technology sector
Potential for long-term capital appreciation
Diversified across various FinTech sub-industries

⚠️ Primary Risks

Sector-specific risk: The fund's performance is closely tied to the FinTech industry, which may be subject to rapid changes and disruption
Concentration risk: The fund may have a relatively small number of holdings, making it more susceptible to fluctuations in the value of individual securities
Market risk: The value of the fund's investments may decline due to general market conditions or other factors
Liquidity risk: Some of the fund's holdings may have limited trading volume, which could impact the ability to sell positions at desired prices

👤 Best For

The iShares FinTech Active ETF may be suitable for investors seeking exposure to the financial technology sector as part of a diversified portfolio. It may be of particular interest to investors with a long-term investment horizon and a higher risk tolerance, as the FinTech industry can be volatile and subject to rapid changes.