iShares Large Cap Value Active ETF
BLCV
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 400 Howard Street San Francisco CA United States of America 94105
- IPO Date
- May 23, 2023
- Similar Companies
- Business
- iShares Large Cap Value Active ETF (BLCV) is an actively managed exchange-traded fund that seeks to maximize total return by investing primarily in large capitalization U.S. equities exhibiting value characteristics, such as undervalued stocks typically found in the Russell 1000 Value Index; it holds a diversified portfolio of approximately 65-68 securities across sectors including financials, technology, healthcare, and consumer discretionary, with top holdings like Wells Fargo & Company (WFC; ~3.6%), Amazon.com Inc. (AMZN; ~3.1%), Citigroup Inc. (C; ~3.0%), SS&C Technologies Holdings Inc. (SSNC; ~2.9%), and Microsoft Corp. (MSFT; ~2.8%); the fund employs fundamental analysis from BlackRock's Income & Value team and $220 billion Fundamental Equities platform to select securities providing true value exposure. BLCV, issued by BlackRock under the iShares brand and managed by portfolio managers Tony DeSpirito, David Zhao, and Joseph Wolfe, features a net expense ratio of 0.46% (after fee waivers), quarterly distributions, and daily pricing on NYSE Arca. Launched on May 19, 2023, and headquartered in Wilmington, Delaware as part of BlackRock ETF Trust, the ETF targets institutional and retail investors seeking active large-cap value strategies in the U.S. developed equity market. Originally introduced as BlackRock Large Cap Value ETF, it was rebranded to iShares Large Cap Value Active ETF as part of BlackRock's expansion of its iShares lineup, integrating 22 former BlackRock ETFs into the iShares family to leverage the brand's scale and distribution alongside over 420 existing iShares funds; no major acquisitions, mergers, partnerships, funding rounds, or product launches specific to BLCV have been reported in the last 1-2 years, with the fund maintaining steady operations and asset growth to approximately $60 million. The ETF operates exclusively in U.S. equities (95%+ allocation), with minor non-U.S. stock (~3%) and cash (~1%) exposure, and does not pursue ESG, sustainable, or impact strategies.