BR U.S. Equity Factor Rotation ETF

0001193125-19-266560.txt : 20191011 0001193125-19-266560.hdr.sgml : 20191011 20191011123346 ACCESSION NUMBER: 0001193125-19-266560 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 16 FILED AS OF DATE: 20191011 DATE AS OF CHANGE: 20191011 EFFECTIVENESS DATE: 20191011 FILER: COMPANY DATA: COMPANY CONFORMED NAME: BlackRock ETF Trust CENTRAL INDEX KEY: 0001761055 IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 0731 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 333-228832 FILM NUMBER: 191147650 BUSINESS ADDRESS: STREET 1: 100 BELLEVUE PARKWAY CITY: WILMINGTON STATE: DE ZIP: 19809 BUSINESS PHONE: 8004417762 MAIL ADDRESS: STREET 1: 100 BELLEVUE PARKWAY CITY: WILMINGTON STATE: DE ZIP: 19809

0001761055 S000064945 BlackRock U.S. Equity Factor Rotation ETF

C000210296 BlackRock U.S. Equity Factor Rotation ETF DYNF

497 1 d774157d497.htm BR U.S. EQUITY FACTOR ROTATION ETF BR U.S. Equity Factor Rotation ETF


		SIDLEY AUSTIN LLP 787 SEVENTH AVENUE NEW YORK, NY 10019 +1 212 839 5300 +1 212 839 5599 FAX

		AMERICA • ASIA PACIFIC • EUROPE

October 11, 2019

VIA EDGAR

Securities and Exchange Commission

100 F Street, NE

Washington, DC 20549

Re:

BlackRock U.S. Equity Factor Rotation ETF, a series of BlackRock ETF Trust

(File Nos. 333-228832, Investment Company Act No. 811-23402)

Ladies and Gentlemen:

On behalf of BlackRock ETF Trust, attached for filing are exhibits containing interactive data format risk/return summary information that mirrors the risk/return summary information in the Supplement dated September 20, 2019 to the Summary Prospectus, Prospectus and Statement of Additional Information of BlackRock U.S. Equity Factor Rotation ETF (the “Fund”), each dated March 15, 2019, as filed pursuant to Rule 497(e) under the Securities Act of 1933 on September 20, 2019 (the “497 Filing”). The purpose of this filing is to submit the 497 Filing in XBRL for the Fund.

Any questions or comments on the 497 Filing should be directed to the undersigned at (212) 839-8514.

Very truly yours,

/s/ Andrew M. Friedman

Andrew M. Friedman

Enclosures

cc:

Janey Ahn

John A. MacKinnon

Jesse C. Kean

Sidley Austin (NY) LLP is a Delaware limited liability partnership doing business as Sidley Austin LLP and practicing in affiliation with other Sidley Austin partnerships.

EX-101.INS 2 betf-20190923.xml XBRL INSTANCE DOCUMENT 0001761055 2019-03-15 2019-03-15 0001761055 betf:S000064945Member 2019-03-15 2019-03-15 2019-03-15 497 2019-09-23 BlackRock ETF Trust 0001761055 false 2019-09-23 2019-09-23 <center>BLACKROCK ETF TRUST BlackRock U.S. Equity Factor Rotation ETF (the “Fund”) Supplement dated September 20, 2019 to the Summary Prospectus, Prospectus and Statement of Additional Information of the Fund, each dated March 15, 2019 </center> Effective September 23, 2019, the following changes are made to the Fund’s Summary Prospectus, Prospectus and Statement of Additional Information, as applicable: The section of the Fund’s Summary Prospectus and Prospectus entitled “Performance Information” is deleted in its entirety and replaced with the following: Because the Fund had not commenced operations as of the date of the Prospectus, it does not have performance information an investor would find useful in evaluating the risks of investing in the Fund. The Fund’s benchmark is the MSCI USA Index. Effective September 23, 2019, the Fund’s benchmark against which it measures its performance, a custom weighted index composed of the MSCI USA Index (80%) and MSCI USA Minimum Volatility (USD) Index (20%), is replaced with the MSCI USA Index. Fund management believes that the MSCI USA Index more accurately reflects the investment strategies of the Fund. <center>BLACKROCK ETF TRUST BlackRock U.S. Equity Factor Rotation ETF (the “Fund”) Supplement dated September 20, 2019 to the Summary Prospectus, Prospectus and Statement of Additional Information of the Fund, each dated March 15, 2019 </center> Effective September 23, 2019, the following changes are made to the Fund’s Summary Prospectus, Prospectus and Statement of Additional Information, as applicable: The section of the Fund’s Summary Prospectus and Prospectus entitled “Performance Information” is deleted in its entirety and replaced with the following: Because the Fund had not commenced operations as of the date of the Prospectus, it does not have performance information an investor would find useful in evaluating the risks of investing in the Fund. The Fund’s benchmark is the MSCI USA Index. Effective September 23, 2019, the Fund’s benchmark against which it measures its performance, a custom weighted index composed of the MSCI USA Index (80%) and MSCI USA Minimum Volatility (USD) Index (20%), is replaced with the MSCI USA Index. Fund management believes that the MSCI USA Index more accurately reflects the investment strategies of the Fund. Because the Fund had not commenced operations as of the date of the Prospectus, it does not have performance information an investor would find useful in evaluating the risks of investing in the Fund. The Fund’s benchmark is the MSCI USA Index. Effective September 23, 2019, the Fund’s benchmark against which it measures its performance, a custom weighted index composed of the MSCI USA Index (80%) and MSCI USA Minimum Volatility (USD) Index (20%), is replaced with the MSCI USA Index. Fund management believes that the MSCI USA Index more accurately reflects the investment strategies of the Fund. Because the Fund had not commenced operations as of the date of the Prospectus, it does not have performance information an investor would find useful in evaluating the risks of investing in the Fund. N-1A The Fund’s benchmark is the MSCI USA Index. Effective September 23, 2019, the Fund’s benchmark against which it measures its performance, a custom weighted index composed of the MSCI USA Index (80%) and MSCI USA Minimum Volatility (USD) Index (20%), is replaced with the MSCI USA Index. Fund management believes that the MSCI USA Index more accurately reflects the investment strategies of the Fund. 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Prospectus Date	rr_ProspectusDate	Mar. 15, 2019
Entity Inv Company Type	dei_EntityInvCompanyType	N-1A

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Label Element Value

Risk/Return: rr_RiskReturnAbstract

Registrant Name dei_EntityRegistrantName BlackRock ETF Trust

Prospectus Date rr_ProspectusDate Mar. 15, 2019

Supplement to Prospectus [Text Block] rr_SupplementToProspectusTextBlock BLACKROCK ETF TRUST
BlackRock U.S. Equity Factor Rotation ETF
(the “Fund”)

Supplement dated September 20, 2019 to the Summary Prospectus,
Prospectus and Statement of Additional Information of the Fund, each dated March 15, 2019
Effective September 23, 2019, the following changes are made to the Fund’s Summary Prospectus, Prospectus and Statement of Additional Information, as applicable:

The section of the Fund’s Summary Prospectus and Prospectus entitled “Performance Information” is deleted in its entirety and replaced with the following:

Because the Fund had not commenced operations as of the date of the Prospectus, it does not have performance information an investor would find useful in evaluating the risks of investing in the Fund. The Fund’s benchmark is the MSCI USA Index. Effective September 23, 2019, the Fund’s benchmark against which it measures its performance, a custom weighted index composed of the MSCI USA Index (80%) and MSCI USA Minimum Volatility (USD) Index (20%), is replaced with the MSCI USA Index. Fund management believes that the MSCI USA Index more accurately reflects the investment strategies of the Fund.

BlackRock U.S. Equity Factor Rotation ETF

Risk/Return: rr_RiskReturnAbstract

Supplement to Prospectus [Text Block] rr_SupplementToProspectusTextBlock BLACKROCK ETF TRUST
BlackRock U.S. Equity Factor Rotation ETF
(the “Fund”)

Supplement dated September 20, 2019 to the Summary Prospectus,
Prospectus and Statement of Additional Information of the Fund, each dated March 15, 2019
Effective September 23, 2019, the following changes are made to the Fund’s Summary Prospectus, Prospectus and Statement of Additional Information, as applicable:

The section of the Fund’s Summary Prospectus and Prospectus entitled “Performance Information” is deleted in its entirety and replaced with the following:

Because the Fund had not commenced operations as of the date of the Prospectus, it does not have performance information an investor would find useful in evaluating the risks of investing in the Fund. The Fund’s benchmark is the MSCI USA Index. Effective September 23, 2019, the Fund’s benchmark against which it measures its performance, a custom weighted index composed of the MSCI USA Index (80%) and MSCI USA Minimum Volatility (USD) Index (20%), is replaced with the MSCI USA Index. Fund management believes that the MSCI USA Index more accurately reflects the investment strategies of the Fund.

Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock Because the Fund had not commenced operations as of the date of the Prospectus, it does not have performance information an investor would find useful in evaluating the risks of investing in the Fund. The Fund’s benchmark is the MSCI USA Index. Effective September 23, 2019, the Fund’s benchmark against which it measures its performance, a custom weighted index composed of the MSCI USA Index (80%) and MSCI USA Minimum Volatility (USD) Index (20%), is replaced with the MSCI USA Index. Fund management believes that the MSCI USA Index more accurately reflects the investment strategies of the Fund.

Performance One Year or Less [Text] rr_PerformanceOneYearOrLess Because the Fund had not commenced operations as of the date of the Prospectus, it does not have performance information an investor would find useful in evaluating the risks of investing in the Fund.

Performance Table Market Index Changed rr_PerformanceTableMarketIndexChanged The Fund’s benchmark is the MSCI USA Index. Effective September 23, 2019, the Fund’s benchmark against which it measures its performance, a custom weighted index composed of the MSCI USA Index (80%) and MSCI USA Minimum Volatility (USD) Index (20%), is replaced with the MSCI USA Index. Fund management believes that the MSCI USA Index more accurately reflects the investment strategies of the Fund.

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Mar. 15, 2019

BLACKROCK ETF TRUST
BlackRock U.S. Equity Factor Rotation ETF
(the “Fund”)

Supplement dated September 20, 2019 to the Summary Prospectus,
Prospectus and Statement of Additional Information of the Fund, each dated March 15, 2019
Effective September 23, 2019, the following changes are made to the Fund’s Summary Prospectus, Prospectus and Statement of Additional Information, as applicable:

The section of the Fund’s Summary Prospectus and Prospectus entitled “Performance Information” is deleted in its entirety and replaced with the following:

Because the Fund had not commenced operations as of the date of the Prospectus, it does not have performance information an investor would find useful in evaluating the risks of investing in the Fund. The Fund’s benchmark is the MSCI USA Index. Effective September 23, 2019, the Fund’s benchmark against which it measures its performance, a custom weighted index composed of the MSCI USA Index (80%) and MSCI USA Minimum Volatility (USD) Index (20%), is replaced with the MSCI USA Index. Fund management believes that the MSCI USA Index more accurately reflects the investment strategies of the Fund.