How is BlackRock (BLK) stock trading currently?

BLK shares trade at $1,009.43, up 4.98% over 7 days but down 6.97% year-to-date.

What are the fees for the IQQ ETF?

BlackRock has not yet disclosed the expense ratio, but it is expected to be competitively low.

BlackRock Launches IQQ ETF: Focus on Top Tech and AI Giants

BlackRock has launched the iShares Nasdaq 100 ETF (IQQ), a low-cost fund offering concentrated exposure to large-cap growth and AI-focused stocks. BLK shares currently trade at $1,009.43.

July 8, 2026

2 min read

Source: Simply Wall St.

Key Numbers

current stock price

1,009.43

7 day return

4.98%

ytd return

-6.97%

BlackRock (BLK) has launched the iShares Nasdaq 100 ETF (IQQ), a new low-cost exchange-traded fund designed to provide concentrated exposure to large-cap growth and AI-focused companies listed on the Nasdaq 100 index.

The Product

The IQQ ETF aims to offer targeted exposure to the largest technology and AI companies in the Nasdaq 100, with competitive low management fees. It expands BlackRock's extensive iShares ETF lineup.

Pricing and Availability

BlackRock has not yet disclosed the expense ratio for the IQQ ETF, but it is expected to be low in line with iShares' strategy. The fund trades on the Nasdaq under the ticker IQQ.

Competition

The IQQ ETF competes with other Nasdaq 100 trackers like the Invesco QQQ Trust (QQQ), which charges 0.20% annually. Pricing will be a key factor in attracting investors.

Potential Impact on BlackRock

The launch of IQQ is expected to boost BlackRock's asset management fee revenue, especially if it attracts significant inflows. It also strengthens the company's position in the ETF market. BLK shares currently trade at $1,009.43, up 4.98% over 7 days but down 6.97% year-to-date.

Frequently Asked Questions

The iShares Nasdaq 100 ETF (IQQ) is a low-cost ETF tracking the Nasdaq 100 index, focusing on large-cap growth and AI companies.

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This article was rewritten in Wrqti's editorial style based on information from the original source above. Content is informational only — not investment advice.