iShares Edge MSCI Multifactor Utilt ETF
UTLF
Chicago Board Options Exchange- -
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
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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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, 2016
- CIK
- 0001100663
- Website
- ishares.com
- Similar Companies
- Business
- iShares Edge MSCI Multifactor Utilities ETF (UTLF) is an exchange-traded fund that seeks to track the investment results of an index composed of U.S. utilities stocks exhibiting favorable exposure to multiple factors, including value, momentum, quality, and low size, subject to diversification constraints. Managed by BlackRock Fund Advisors as part of the iShares family of exchange-traded funds offered by BlackRock, Inc., the ETF provides investors with targeted exposure to the utilities sector through a multifactor strategy designed to capture persistent drivers of return across mid- and large-cap companies. The fund invests primarily in equity securities of utilities companies operating in the United States, including electric, gas, water, and multi-utilities providers; it employs a passive management approach via optimized sampling to replicate the MSCI USA IMI Utilities Diversified Multiple Factor Index (or similar benchmark), with an expense ratio of approximately 0.35%; dividends are distributed quarterly. Launched in June 2018 and headquartered in New York, New York, as part of BlackRock's iShares platform—which traces its origins to 1996 when the first iShares ETFs were introduced—the fund operates exclusively within U.S. equity markets and targets institutional and retail investors seeking sector-specific, factor-enhanced utilities exposure. The ETF was liquidated and closed on August 15, 2018, shortly after its inception, marking a significant operational change as BlackRock discontinued the product due to insufficient assets under management; shares were valued at $26.79 at closure, with no subsequent trading or reopening announced. No recent partnerships, funding rounds, acquisitions, new product launches, or strategic expansions specific to UTLF have occurred in the last 1-2 years, reflecting its inactive status; BlackRock has continued to evolve its broader iShares lineup, including benchmark adjustments for other multifactor ETFs delayed to January 2025 and new launches like the iShares Large Cap Max Buffer Dec ETF in late 2024, but UTLF remains delisted and non-operational.