Welcome to our dedicated page for iShares Texas Equity ETF news (Ticker: TEXN), a resource for investors and traders seeking the latest updates and insights on iShares Texas Equity ETF stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect iShares Texas Equity ETF's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of iShares Texas Equity ETF's position in the market.
BlackRock (NYSE:BLK) has launched the iShares Texas Equity ETF (NASDAQ:TEXN), providing investors exposure to Texas-headquartered companies. The ETF tracks nearly 200 companies in Texas, which ranks as the world's eighth-largest economy with a GDP of $2.7 trillion.
Texas demonstrated strong economic performance in 2024, with GDP growth of 3.5% in Q4, surpassing the national average of 2.4%. The state hosts 1 in 10 U.S. public companies and has attracted over 300 corporate headquarters since 2015. The TEXN ETF comes with an expense ratio of 0.20% and joins BlackRock's portfolio of over 60 geography-based funds managing over $100 billion in assets.
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