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Top related persons:
Jay Jacobs - 1 CNBC's - 1 Jacobs - 1 It's - 1 BlackRock's - 1 Tony Kim - 1 Kim - 1 What's - 1
Top related locs:
U.S BlackRock
Top related orgs:
BlackRock - 2 Innovation - 2 Tech - 2 Tech ETF - 1 Tech Active ETF - 1 ETF - 1 Nvidia - 1 Microsoft - 1

Search resuls for: "Tech Active ETF"


2 mentions found


☆ AI's growth is just getting started, BlackRock's thematic ETF head says
  + stars: | 2024-12-07 | by ( Krysta Escobar | ) www.cnbc.com   time to read: +2 min
Jay Jacobs, the firm's U.S. head of thematic and active ETFs, cites the artificial intelligence boom as a major catalyst. According to Jacobs, AI companies need to build out their data centers. There's other semiconductor companies, there's other data center companies, there's other software companies that are benefiting from the rise of this theme," he said. Jacobs cited BlackRock's iShares Future AI & Tech ETF (ARTY) and iShares AI Innovation and Tech Active ETF (BAI) as potential ways to benefit from the rise in AI. The iShares Future AI & Tech ETF is up around 13% for the year so far, while the iShares AI Innovation and Tech Active ETF is up around 13% since its Oct. 21 launch as of Friday's close.
Persons: Jay Jacobs, CNBC's, Jacobs, It's, BlackRock's Organizations: BlackRock, Tech ETF, Innovation, Tech Active ETF, Tech Locations: U.S
☆ BlackRock unveils active fund that aims to track changing AI trade over time
  + stars: | 2024-10-22 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com   time to read: +3 min
Tony Kim, head of the fundamental equities technology group at BlackRock , is helming a new AI-focused fund launching on Tuesday. The top holdings in the ETF at launch are some of biggest names in the AI trade, including Nvidia and Microsoft . The AI Trade The excitement around the AI trade may have recently lost some of its luster for short-term traders. The valuations of some of the trendy AI stocks have also been a worry for some investors since AI took off with the introduction of ChatGPT in late 2022 . BlackRock is launching a similar fund in an ETF wrapper on Tuesday, the iShares Technology Opportunities Active ETF (TEK), with Kim as one of the managers.
Persons: Tony Kim, Kim, What's, —, TEK Organizations: BlackRock, Innovation, Tech, ETF, Nvidia, Microsoft, Astera Labs, Hitachi, Nasdaq, Apple, BlackRock Technology, Fund, BAI Locations: BlackRock
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