BlackRock to Liquidate iShares U.S. Select Equity Active ETF

BlackRock has approved the closure and liquidation of the iShares U.S. Select Equity Active ETF. The fund is expected to stop accepting creation and redemption orders after market close on August 12, 2026, with trading halted on August 13 and liquidation proceeds distributed around August 17. As the fund winds down, it may deviate from its investment strategy and hold more cash. Shareholders who remain invested through the liquidation date will receive a cash redemption based on the fund’s net asset value, which may have tax implications.