Overview
Description
The iShares Core S&P 500 Fund is an exchange-traded fund (ETF) designed to track the investment results of the S&P 500 Index, which is comprised of 500 of the largest and most prominent publicly traded companies in the United States. Its primary function is to provide investors with a diversified exposure to the U.S. stock market, offering a mix of sectors such as technology, healthcare, financial services, consumer goods, and telecommunications.
Notable features of the iShares Core S&P 500 Fund include its broad market coverage and low expense ratio, making it a cost-effective way for investors to gain a stake in the U.S. equity market. By focusing on this well-established index, the fund includes blue-chip companies known for their strong market presence, financial stability, and consistent performance.
In the financial market, the iShares Core S&P 500 Fund serves as a pivotal tool for both individual and institutional investors pursuing long-term capital growth. It is commonly used in diversified investment portfolios to hedge against market volatility and capitalize on the growth potential of the U.S. economy.
About
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Website
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Instrument type
ETF
Country
United States
MIC code
PINX