BlackRock Inc.’s (NYSE: BLK) iShares unit, the world’s largest issuer of exchange traded funds, said it plans to close 10 of its ETFs.
The firm will close several fixed income ETFs, including the iShares B – Ca Rated Corporate Bond ETF (BATS: QLTC), iShares Baa – Ba Rated Corporate Bond Fund (BATS: QLTB), iShares International Inflation-Linked Bond Fund (NYSEArca: ITIP) and the iShares Global Inflation-Linked Bond Fund (NYSEArca: GTIP).[related_stories]
The iShares Enhanced International Small-Cap ETF (NYSEArca: IEIS), iShares Enhanced International Large-Cap ETF (NYSEArca: IEIL), iShares Enhanced U.S. Small-Cap ETF (NYSEArca: IESM) and the iShares Enhanced U.S. Large-Cap ETF (NYSEArca: IELG) will also be closed.
Trading in all of the aforementioned ETFs will be suspended after the close of U.S. markets on Aug. 23.
BlackRock iShares closed 18 ETFs in 2015 and 18 ETFs in 2014. The firm has introduced 17 ETFs year-to-date.
For more information on the Small Cap ETF market, visit our Small Caps category.