Overview
Description
The iShares Expanded Tech-Software Sector ETF is an exchange-traded fund designed to provide exposure to the dynamic technology sector, specifically focusing on software companies. This ETF aims to track the investment results of an underlying index that represents the software segment of the U.S. technology sector. By doing so, it offers investors the opportunity to access a diversified portfolio of leading software firms, encompassing both established giants and innovative disruptors driving technological advancements.
The ETF covers various segments within the software industry, including application software, systems software, and home entertainment software, reflecting the broad and rapidly evolving nature of the tech landscape. It plays a crucial role in the financial market by enabling investors to diversify their holdings within the tech sector without needing to select individual stocks. This can be particularly useful for those looking to capitalize on the growth potential of software innovations, which continue to influence other industries through digital transformation and technological integration. The fund’s diversified approach helps mitigate the risks associated with investing in a single company, offering a more balanced exposure to the sector's performance.
About
Address
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Phone
1-800-474-2737
Website
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Instrument type
ETF
Country
United States
MIC code
BATS