- CEO
- Greg Savage
- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 400 Howard Street San Francisco CA United States of America 94105
- IPO Date
- Oct 24, 2025
- Business
- iShares, Inc. (POWR) is a registered management investment company and subsidiary of BlackRock, Inc. that offers exchange-traded funds (ETFs) focused on tracking specialized equity indices; its flagship offering, the iShares U.S. Power Infrastructure ETF (ticker: POWR), seeks to mirror the performance of the S&P US Power Infrastructure Select Index, comprising U.S.-domiciled public companies engaged in power infrastructure activities including electric utilities, independent power producers, multi-utilities, water utilities, and independent power and renewable electricity producers. The ETF provides investors with targeted exposure to growth and value stocks across diversified market capitalizations in the U.S. power sector, featuring holdings in sectors such as utilities and energy infrastructure with an expense ratio of 0.40% and assets under management around $78 million as of late 2025. iShares, Inc. operates globally through BlackRock's platform, primarily targeting institutional and retail investors seeking thematic equity investments in infrastructure, with funds listed on major exchanges like NYSE Arca.
Founded in 2000 and headquartered in New York, iShares, Inc. manages a broad suite of ETFs encompassing equities, fixed income, commodities, and thematic strategies, powered by BlackRock's portfolio and risk management expertise. The company serves diverse customer segments including financial advisors, wealth managers, and institutional clients across regions such as the Americas, Europe, Asia-Pacific, and beyond.
In recent developments, the iShares MSCI Global Energy Producers ETF underwent a name change to iShares U.S. Power Infrastructure ETF effective October 29, 2025, alongside a ticker symbol update to POWR, reflecting a strategic shift to emphasize U.S.-focused power infrastructure exposure. BlackRock, iShares' parent, reported record ETF inflows of $192 billion in the first half of 2025, driving iShares' growth with fixed income ETFs surpassing $1 trillion in AUM and total ETF AUM reaching $4.7 trillion. Additionally, BlackRock expanded its infrastructure offerings in July 2025 with the launch of the actively managed iShares Infrastructure Active ETF (BILT), complementing passive funds like POWR within a $10 billion infrastructure ETF suite, amid broader acquisitions including HPS Investment Partners to bolster private markets capabilities.