iShares U.S. Consumer Services ETF
The iShares U.S. Consumer Services ETF is an exchange-traded fund that aims to track the performance of the S&P 500 Consumer Services Index. This ETF invests in a variety of companies within the consumer services sector, including those involved in retail, media, and leisure activities.
Investors use this ETF to gain exposure to the consumer services industry, which can be influenced by factors like consumer spending and economic trends. By holding a diversified portfolio of stocks, the ETF provides a way for individuals to invest in the broader consumer services market without having to buy individual shares.