After Texas Capital, BlackRock Files For Two New ETFs With Low Risk. Here's How Their Peers Fared In The Past Year
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 14 2024
0mins
Source: Benzinga
BlackRock's New ETFs: BlackRock has filed to introduce two new money market funds in ETF form, named iShares Prime Money Market and iShares Government Money Market, which will comply with SEC regulations ensuring high-quality ratings and minimal credit risk.
Market Context: This move follows the launch of the first 2a-7 ETF by Texas Capital Bancshares and comes amid a significant shift in the $6.3 trillion money-market sector, driven by high short-term yields and the need for liquidity options for investors.
Analyst Views on PULS
Wall Street analysts forecast PULS stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for PULS is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Analyst Rating
0 Buy
0 Hold
0 Sell
Current: 49.730
Low
Averages
High
Current: 49.730
Low
Averages
High
No data
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
