Why it's important!!!!!
well have a look at this ๐
Woah! ๐ฒ Did you know #BlackRock's #iShares #ETF s have grown ๐ over 300% ๐ค since launching 20 years ago?! Their very first #funds ๐ฐ started in 2001 ๐ผ, focusing on big stock indexes like the #SP500. But over the last two decades, they've expanded ๐ฅ to become one of the biggest #ETF companies ๐ข globally, managing over $2 trillion ๐ฒ in assets!
One of their OG offerings, the #iShares Core #SP500 ETFw called $IVV ๐, opened at around $96 per #share ๐ช when it debuted in 2000. Now after years of #rallying in the long bull ๐ market๐, it trades at $390! That's a 300%+ #return ๐ธ for early investors! Even through recessions and crashes โ๏ธ, $IVV has been a ๐ for building wealth over time.
The $IVV #ETF ๐ tracks the #SP500 index ๐ข, giving investors broad exposure to the 500 largest U.S. public #companies. As legendary #investor ๐ผ #WarrenBuffet ๐คตโโ๏ธ has said: "Consistently buy an S&P 500 low-cost index fund" to build #wealth over decades. $IVV provides exactly that - a low cost, diversified way to invest in America's blue chip stocks!
But $IVV is just one of many offerings now from #BlackRock's #iShares lineup. They have a huge variety covering stocks ๐, #bonds ๐, #commodities ๐พ, and more! Their scale ๐ and reach is unmatched after 20 years of rapid ๐โโ๏ธgrowth. And as millions โ๏ธ continue pouring ๐ง #money ๐ฐ into #ETFs, BlackRock's dominance should persist thanks to the iShares brand they launched way back in 2001! What an incredible run ๐โโ๏ธ for this juggernaut ๐ช #investment ๐ธ firm ๐ข and their ETF empire!๐ผ๐ผ #finance #investing #trading
