BlackRock Launches iShares Nasdaq-100 ETF, Beginning July 9 Trading to Challenge Invesco

According to PANews, BlackRock announced on Tuesday (July 7) the launch of iShares Nasdaq-100 ETF, set to begin trading on Thursday (July 9). The fund will track the Nasdaq-100 index, which is heavily weighted toward technology stocks. BlackRock's entry competes directly with Invesco's established Nasdaq-100 related products, including its popular QQQ Trust Series 1, which has long dominated this segment among investors seeking large-cap growth and tech stock exposure.
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