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BlackRock files for iShares Nasdaq 100 ETF

BlackRock (BLK) has filed with the Securities and Exchange Commission to potentially launch and offer the iShares Nasdaq 100 ETF (IQQ), which would follow the technology-heavy index and trade under the ticker IQQ, according to a regulatory filing. Fees for the fund were not yet listed. Should it launch, IQQ would become one of just a handful of U.S.-listed ETFs to solely track the Nasdaq 100, and the first one to not be managed by Invesco (IVZ). Exchange-operator Nasdaq (NDAQ) has been “historically selective about licensing out its namesake index,” Bloomberg has noted.

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