BlackRock launches first US water equity ETF

The iShares Global Water Index ETF (CWW) will track the S&P Global Water Index

The fund will provide investors with exposure to 100 companies involved in the water sector

BlackRock has launched the iShares Global Water Index ETF (CWW), the first US-listed exchange-traded fund (ETF) to provide investors with exposure to the global water sector.

The fund will track the S&P Global Water Index, which is composed of 100 companies involved in the water sector, including water utilities, water treatment companies, and water technology companies.

The water sector is a growing and important sector, as water is a critical resource for both human and economic activity. The global population is growing, and climate change is putting a strain on water resources. As a result, there is a growing demand for water-related products and services.

The iShares Global Water Index ETF provides investors with a convenient and cost-effective way to gain exposure to the water sector. The fund is expected to be of interest to investors who are looking for long-term growth potential and diversification.

The iShares Global Water Index ETF is now available for trading on the New York Stock Exchange.