iShares Edge MSCI Multifactor Matrls ETF
MATF
Chicago Board Options Exchange- -
USD
- -
- -
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.- CEO
- None
- Sector
- Financial Services
- Industry
- Asset Management
- Address
- United States of America
- IPO Date
- Jun 10, 2016
- CIK
- 0001100663
- Website
- ishares.com
- Similar Companies
- Business
- iShares Edge MSCI Multifactor Materials ETF (MATF) seeks to track the investment results of an index composed of global equities in the materials sector that have favorable exposure to quality, momentum, value, size, and low volatility factors. The ETF, managed by BlackRock under the iShares brand, provides investors with targeted exposure to materials companies exhibiting multifactor characteristics; it invests primarily in large- and mid-cap stocks across the materials industry, including chemicals, metals and mining, construction materials, paper and forest products, and related subsectors. Launched on May 10, 2016, the fund was headquartered in New York, USA, as part of BlackRock's iShares lineup, which pioneered ETFs beginning in 1996. The ETF offered exposure to international developed and emerging markets materials equities selected and weighted via an optimization process to maximize multifactor tilts while maintaining sector purity. It targeted institutional and retail investors seeking factor-based strategies within the cyclical materials segment; geographic operations spanned North America, Europe, Asia-Pacific, and emerging markets through its underlying index constituents. In June 2018, BlackRock announced the closure and liquidation of MATF, along with several peer iShares Edge Multifactor ETFs, due to ongoing product lineup reviews to align with evolving client needs. Trading in the fund was suspended prior to market open on August 16, 2018, with no further creation orders accepted after August 15, 2018, and liquidation proceeds distributed to shareholders around August 22, 2018. The closure represented a strategic contraction in the underperforming multifactor sector-specific lineup, with the ETF's final NAV recorded at $31.95 as of August 15, 2018; no subsequent relaunches, acquisitions, or operational changes have occurred.