BlackRock (BLK) Could Be 13% Overvalued As Robotics ETF Launch Tests Valuation
BlackRock (BLK) has launched the iShares Future Robotics and Related Technologies Active ETF, giving investors another window into companies tied to automation, intelligent machines and the broader robotics value chain. Recent price action has been supportive for BlackRock, with the share price at US$1,167.15 after a 10.15% 1 month share price return and 7.57% year to date share price return, while the 3 year total shareholder return of 91.03% points to strong longer term momentum. Seize...
BlackRock (BLK) has launched the iShares Future Robotics and Related Technologies Active ETF, giving investors another window into companies tied to automation, intelligent machines and the broader robotics value chain. Recent price action has been supportive for BlackRock, with the share price at US$1,167.15 after a 10.15% 1 month share price return and 7.57% year to date share price return, while the 3 year total shareholder return of 91.03% points to strong longer term momentum. Seize...
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