BlackRock Announces Product Updates to 10 iShares ETFs
NEW YORK--(BUSINESS WIRE)-- BlackRock, Inc. (NYSE: BLK) today announced its plans to implement stock splits for the ETFs listed below. These splits will lower the share price and increase the number of outstanding shares. The total value of shares outstanding is not affected by the share split.
Ticker |
Fund Name |
Inception Date |
NAV/Share (as of 12/20/23) |
Forward Split Ratio |
IGM |
iShares Expanded Tech Sector ETF |
3/13/2001 |
$440.14 |
6 for 1 |
IGV |
iShares Expanded Tech-Software Sector ETF |
7/10/2001 |
$401.11 |
5 for 1 |
IHE |
iShares U.S. Pharmaceuticals ETF |
5/1/2006 |
$179.23 |
3 for 1 |
IHF |
iShares U.S. Healthcare Providers ETF |
5/1/2006 |
$256.36 |
5 for 1 |
IJH |
iShares Core S&P Mid-Cap ETF |
5/22/2000 |
$273.00 |
5 for 1 |
IYG |
iShares U.S. Financial Services ETF |
6/12/2000 |
$175.56 |
3 for 1 |
IYH |
iShares U.S. Healthcare ETF |
6/12/2000 |
$278.14 |
5 for 1 |
IYK |
iShares U.S. Consumer Staples ETF |
6/12/2000 |
$187.14 |
3 for 1 |
IYT |
iShares U.S. Transportation ETF |
10/6/2003 |
$258.97 |
4 for 1 |
SOXX |
iShares Semiconductor ETF |
7/10/2001 |
$552.87 |
3 for 1 |
For the iShares Core S&P Mid-Cap ETF (IJH), the record date for the stock split will be February 16, 2024, payable after the close of trading on February 21, 2024. Shares of the iShares Core S&P Mid-Cap ETF will begin trading on a split-adjusted basis on February 22, 2024.
For each Fund other than the iShares Core S&P Mid-Cap ETF (IJH), the record date for the stock split will be March 4, 2024, payable after the close of trading on March 6, 2024. Shares of each Fund other than the iShares Core S&P Mid-Cap ETF will begin trading on a split-adjusted basis on March 7, 2024.
If you have any questions, please call 1-800-iShares (1-800-474-2737).
About BlackRock
BlackRock’s purpose is to help more and more people experience financial well-being. As a fiduciary to investors and a leading provider of financial technology, we help millions of people build savings that serve them throughout their lives by making investing easier and more affordable. For additional information on BlackRock, please visit www.blackrock.com/corporate | Twitter: @blackrock | LinkedIn: www.linkedin.com/company/blackrock
About iShares
iShares unlocks opportunity across markets to meet the evolving needs of investors. With more than twenty years of experience, a global line-up of 1300+ exchange traded funds (ETFs) and $3.12 trillion in assets under management as of September 30, 2023, iShares continues to drive progress for the financial industry. iShares funds are powered by the expert portfolio and risk management of BlackRock.
Carefully consider the Funds' investment objectives, risk factors, and charges and expenses before investing. This and other information can be found in the Funds' prospectuses or, if available, the summary prospectuses which may be obtained by visiting www.iShares.com or www.blackrock.com. Read the prospectus carefully before investing.
Investing involves risk, including possible loss of principal.
This information should not be relied upon as research, investment advice, or a recommendation regarding any products, strategies, or any security in particular. This material is strictly for illustrative, educational, or informational purposes and is subject to change.
The Funds are distributed by BlackRock Investments, LLC (together with its affiliates, “BlackRock”).
The iShares Funds are not sponsored, endorsed, issued, sold or promoted by S&P Dow Jones Indices LLC, nor does this company make any representation regarding the advisability of investing in the Funds. BlackRock Investments, LLC is not affiliated with the company listed above.
©2023 BlackRock, Inc. or its affiliates. All rights reserved. iSHARES and BLACKROCK are trademarks of BlackRock, Inc. or its affiliates. All other trademarks are those of their respective owners.
View source version on businesswire.com: https://www.businesswire.com/news/home/20231221889555/en/
Media:
Joanna Yau Joanna.Yau@BlackRock.com 646.856.7274
Jenna Merchant Jenna.Merchant@BlackRock.com 914.329.5684
Source: BlackRock
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