iShares Dominate ETFs, Raking in ~$4 Billion for BlackRock
BlackRock (BLK) was managing $1.8 trillion through the iShares ETF platform as of December 31, 2017. ETFs provide a cost-effective way of investing in equities, indexes, commodities, and debt-related securities. Asset managers and brokers (XLF) including Vanguard, Charles Schwab (SCHW), State Street (STT), and JPMorgan Chase (JPM) are focusing on ETFs in order to attract new fund flows.