iShares U.S. Select Equity Active ETF
BELT
NASDAQ Global Market- -
USD
- -
- -
- -
- -
(- -)
Recent
price
- -
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Similar Companies
- Business
- iShares U.S. Select Equity Active ETF (BELT) is an actively managed exchange-traded fund that seeks long-term capital growth by investing primarily in a concentrated portfolio of U.S. equity securities across all market capitalizations, selected based on fundamentals, franchise strength, and long-term growth potential; up to 20% of assets may be allocated to foreign equity securities including American Depositary Receipts and Global Depositary Receipts; the fund employs derivatives such as options, futures, swaps, and forward contracts to enhance returns, manage risks related to market movements, interest rates, and currency fluctuations, and handle cash flows; it also permits investments in REITs and indexed or inverse securities. Managed by BlackRock's Strategic Equity Team, led by Alister Hibbert and Michael Constantis, BELT targets sustained capital growth through a high-conviction strategy of 20 to 25 positions focused on companies with high returns, reinvestment opportunities, and competitive differentiation underappreciated by the market; the expense ratio stands at 0.75%, with assets under management around $8 million as of late 2025. Launched on June 17, 2024, as part of BlackRock ETF Trust and initially named BlackRock Long-Term U.S. Equity ETF, the fund underwent a rebranding to iShares U.S. Select Equity Active ETF prior to October 10, 2024, aligning with BlackRock's iShares branding; this launch expanded BlackRock's active ETF platform alongside the simultaneous introduction of the BlackRock High Yield ETF (BRHY). The ETF operates within the large growth equity segment, primarily targeting institutional and retail investors seeking U.S. equity alpha with global flexibility; it is domiciled in the United States and listed on Nasdaq. iShares forms part of BlackRock, Inc., the world's largest asset manager founded in 1988 and headquartered in New York City, with iShares itself originating from pioneering ETFs launched in 1996.