According to the ETF Finder at ETF Channel, BLK and COST collectively make up 3.12% of the Fundamental Pure Large Growth Portfolio ETF (PXLG) which is higher by about 0.7% on the day Friday.
American Water Works leads the S&P 500 for the most female representation on its board. But, there are still a handful of companies without any female directors.
Varley has been an independent director at BlackRock since 2009.
European financial institutions increasingly demand access to their holdings using technology.