BlackRock Launches S&P 500 ETF
This is a news story, published by Yahoo Finance, that relates primarily to ETF news.
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Business & Economics
TOPC: BlackRock Caps Mega-Stocks at 3% with New ETF

86% Informative
iShares S&P 500 3% Capped Index caps individual company weights at 3% during quarterly rebalancing.
When a stock exceeds that threshold, excess weight is redistributed to the remaining holdings based on market capitalization.
The fund aims to offer greater sector diversification while maintaining comparable exposure to the broad market index.
BlackRock manages more than $18 billion across this ETF family.
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