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BlackRock Announces Product Updates to 10 iShares ETFs

BlackRock Announces Product Updates to 10 iShares ETFs

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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