As of August 21, 2025, iShares MSCI Water Management Multisector ETF has gone out of business. iShares Trust - iShares MSCI Water Management Multisector ETF is an exchange traded fund launched by BlackRock, Inc. It is managed by BlackRock Fund Advisors. It invests in public equity markets of global region. The fund invests in stocks of companies operating across utilities, water utilities, waste water treatment, water-focused products or services, sustainable water, products and services that address water scarcity or water quality issues, including specialized wastewater treatment chemicals, smart metering devices, drought-resistant seeds, wastewater filters, desalination equipment and services, maintenance of water distribution infrastructure, and construction of wastewater plants and stormwater systems sectors. The fund invests in growth and value stocks of companies across diversified market capitalization. The fund invests in stocks of companies that are deemed socially conscious in their business dealings and directly promote environmental responsibility. It seeks to track the performance of the MSCI ACWI IMI Sustainable Water Transition Extended Capped Index, by using representative sampling technique. It does not invest in stocks of companies operating across tobacco, controversial weapons, producers and retailers of civilian firearms, and companies involved in thermal coal mining or sales, thermal coal-based power generation or the extraction of oil sands sectors. iShares Trust - iShares MSCI Water Management Multisector ETF was formed on September 20, 2022 and is domiciled in the United States.