BlackRock Plans New ETFs to Ride - Or Dodge - Biggest Tech Firms.

BlackRock, the world's largest asset manager, has filed for three new exchange-traded funds (ETFs) that would allow investors to either invest in or avoid the biggest tech firms. The iShares Nasdaq Top 30 Stocks ETF and the iShares Top 20 U.S. Stocks ETF would offer exposure to the largest stocks within the tech gauge and the S&P 500, respectively. The iShares Nasdaq-100 ex Top 30 ETF would track an index composed of smaller tech firms, allowing investors to capture their potential growth while avoiding the larger companies. This move comes amid concerns about stock-market concentration risk and the dominance of a few equities in driving market gains. [Extracted from the article]