BlackRock debuts ETF to capture S&P 500 minus the mega-caps

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BlackRock San Francisco Office

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BlackRock (NYSE:BLK) launched Wednesday the iShares S&P 500 ex Top 100 ETF (XOEF) to give investors exposure to large-cap U.S. stocks within the S&P 500 Index while excluding those in the S&P 100 Index.

The new fund comes as the

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