iShares To Close 11 ETFs In August

Share post:

iShares has just announced they will close eleven ETFs in August. This is not much of a surprise as iShares closes a few ETFs every year in August but eleven is the most they’ve done at once. Of the eleven closing, three of the funds have more than $30 million under management, the iShares MSCI Colombia ETF (ICOL), the iShares Evolved U.S. Healthcare Staples ETF (IEHS), and the iShares Evolved U.S. Innovative Healthcare ETF (IEIH).

ETF Newz Says:

2022 has been a tough year for many ETFs so iShares closing more ETFs than expected isn’t much of a surprise.

Related

Maintain Your Horses! A Space Bitcoin ETF May perhaps well also Already Be Priced into Crypto.

There is a growing belief that the recent price surge in bitcoin could already factor in the potential approval of a spot Bitcoin ETF- a pivotal strategic investment move that holds significant influence in the crypto market. Investors and financial enthusiasts alike are keenly awaiting regulatory approval, a decision that could potentially catalyze the future growth trajectory of bitcoin prices. This speculation underscores not only the potential value that bitcoin holds as a digital asset but also the evolving role of institutional reactiveness in the cryptocurrency landscape.

Tim Draper’s Bold Prediction: Bitcoin (BTC) Price Set to Skyrocket to $250K!

In the world of finance, Bitcoin is increasingly recognized as a transformative force. With the potential to challenge...

Bitcoin ETF: Navigating the Perils of SEC Rejection and Fierce Opposition from Funds

A recent court order has directed the Securities and Exchange Commission (SEC) to reconsider its denial of Grayscale's...

Nike’s Shocking 10% Plunge: Sales Outlook Slashed

Nike, a leading athletic apparel⁢ company, ⁣recently announced plans to reduce costs by $2 ‍billion over the next...