ETF acquisition
Search documents
BlackRock’s ‘Unusual’ Acquisition of CornerCap’s ETF
Yahoo Finance· 2026-02-09 05:03
BlackRock will roughly triple the size of an iShares fund when it acquires assets from an ETF issuer in the coming weeks. It’s a quirky step for the world’s largest asset manager, which doesn’t normally pursue one-off deals with small ETF providers. It’s also small potatoes, at least on BlackRock’s scale: The $106 million iShares Large Cap Value Active ETF (BLCV) will get a roughly $200 million injection when it receives the assets from the CornerCap Fundametrics Large-Cap ETF (FUNL). The actively managed ...