NEW YORK--(BUSINESS WIRE)--BlackRock (NYSE: BLK) announces that the iShares Board of Trustees and Board of Directors have authorized a stock split for iShares Russell Mid-Cap ETF (IWR).
The Boards have approved a 4-for-1 split for this fund for shareholders of record as of the close of business on October 23, 2018, payable after the close of trading on October 25, 2018. The 4-for-1 split will lower the share price and increase the number of outstanding shares. The total value of shares outstanding is not affected by the split.
|
Fund Name |
Ticker |
Inception Date |
NAV/Share |
Proposed Forward |
||||||||||||
|
iShares Russell |
IWR |
July 17, 2001 |
$ 219.87 |
4 for 1 |
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For more information, please call 1-800-iShares (1-800-474-2737).
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About iShares
iShares® is a global leader in exchange-traded funds (ETFs), with more than a decade of expertise and commitment to individual and institutional investors of all sizes. With over 800 funds globally across multiple asset classes and strategies and more than $1.8 trillion in assets under management as of June 30, 2018, iShares helps clients around the world build the core of their portfolios, meet specific investment goals and implement market views. iShares funds are powered by the expert portfolio and risk management of BlackRock, trusted to manage more money than any other investment firm1.
1 Based on $6.3 trillion in AUM as of 6/30/18
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.
The iShares Funds are distributed by BlackRock Investments, LLC (together with its affiliates, “BlackRock”).
The iShares Funds are not sponsored, endorsed, issued, sold or promoted by Russell, nor does this company make any representation regarding the advisability of investing in the Funds. BlackRock is not affiliated with Russell.
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