- Growth stocks play ‘pivotal role’ in earnings gains: BlackRock
- A trio of BlackRock ETFs saw billions in flows this week
One of BlackRock Inc.’s target allocation model teams is increasing its growth-stock exposure across developed markets, plowing billions into exchange-traded funds that track the sector.
The asset manager’s model rebalancing was behind a $2.9 billion inflow into the iShares S&P 500 Growth ETF (ticker IVW) and $1.4 billion into the iShares MSCI EAFE Growth ETF (ticker EFG), according to a person familiar with the matter.
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