We recently published Top 10 Trending Stocks and ETFs as Analyst Predicts $9 Trillion Productivity Gains Due to AI. iShares US Large Cap Premium Income Active ETF (BATS:BALI) is one of the top trending stocks.
Jay Jacobs, U.S. Head of Equity ETFs at BlackRock, explained in a recent program on CNBC why investors are pouring into iShares US Large Cap Premium Income Active ETF (BATS:BALI).
“But secondly, we’re seeing a lot of flows and I would anticipate this to accelerate in growth and income strategies. Think about outcome ETFs that are delivering upside potential to the S&P 500 with a significant amount of income like our iShares US Large Cap Premium Income Active ETF (BATS:BALI). In the context of following rates, we’re seeing a lot of investors both want to participate in the markets as well as get more yield from equities”
Photo by Rodeo Project Management Software on Unsplash
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This article is originally published at Insider Monkey.