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BlackRock announced it will liquidate the iShares Diversified Alternatives Trust...

BlackRock announced it will liquidate the iShares Diversified Alternatives Trust (NYSEARCA:ALT-OLD) next month. "Based on the review and client feedback, it appears this product has a limited role in today’s investment portfolios, and we have seen little long-term demand," said Patrick Dunne, head of Global Markets and Investments for BlackRock. This will be the first closure for an iShares ETF since 2002.

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ALT-OLD--
iShares Diversified Alternative Trust ETF