BlackRock, Inc. 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.
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