{"id":399831,"date":"2020-12-15T08:06:07","date_gmt":"2020-12-15T13:06:07","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=399831"},"modified":"2020-12-15T08:06:07","modified_gmt":"2020-12-15T13:06:07","slug":"product-update-ishares-morningstar-u-s-equity-style-box-etfs","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/product-update-ishares-morningstar-u-s-equity-style-box-etfs\/","title":{"rendered":"PRODUCT UPDATE: iShares Morningstar U.S. Equity Style Box ETFs"},"content":{"rendered":"

<\/p>\n

PRODUCT UPDATE: iShares Morningstar U.S. Equity Style Box ETFs<\/b><\/p>\n

NEW YORK–(BUSINESS WIRE<\/a>)–
\nBlackRock today announced a series of product enhancements to the iShares Morningstar U.S. Equity Style Box ETFs. The changes to each of the nine funds outlined below are expected to be implemented no earlier than March 19, 2021.\n<\/p>\n\n\n\n\n
\n

Current ticker<\/b><\/p>\n<\/td>\n

\n

New ticker<\/b><\/p>\n<\/td>\n

\n

Current fund name<\/b><\/p>\n<\/td>\n

\n

New fund name<\/b><\/p>\n<\/td>\n

\n

Current<\/b><\/p>\n

investment objective<\/b><\/p>\n<\/td>\n

\n

New<\/b><\/p>\n

investment objective<\/b><\/p>\n<\/td>\n

\n

Share<\/b><\/p>\n

Split<\/b><\/p>\n

Ratio<\/b><\/p>\n<\/td>\n

\n

Current underlying index<\/b><\/p>\n<\/td>\n

\n

New underlying index<\/b><\/p>\n<\/td>\n<\/tr>\n

\n

\nJKF\n<\/p>\n<\/td>\n

\n

\nILCV\n<\/p>\n<\/td>\n

\n

\niShares Morningstar Large-Cap Value ETF\n<\/p>\n

\n\u00a0\n<\/p>\n

\nInception Date: June 28, 2004\n<\/p>\n

\n\u00a0\n<\/p>\n

\nNAV as of 12\/08\/20: $113.1\n<\/p>\n<\/td>\n

\n

\niShares Morningstar Value ETF\n<\/p>\n<\/td>\n

\n

\nThe ETF seeks to track the investment results of an index composed of large-capitalization U.S. equities that exhibit value characteristics.\n<\/p>\n<\/td>\n

\n

\nThe ETF seeks to track the investment results of an index composed of large- and mid-capitalization U.S. equities that exhibit value characteristics.\n<\/p>\n<\/td>\n

\n

\n2:1\n<\/p>\n<\/td>\n

\n

\nMorningstar US Large Value Index\n<\/p>\n<\/td>\n

\n

\nMorningstar US Large-Mid Cap Broad Value Index\n<\/p>\n<\/td>\n<\/tr>\n

\n

\nJKD\n<\/p>\n<\/td>\n

\n

\nILCB\n<\/p>\n<\/td>\n

\n

\niShares Morningstar Large-Cap ETF\n<\/p>\n

\n\u00a0\n<\/p>\n

\nInception Date: June 28, 2004\n<\/p>\n

\n\u00a0\n<\/p>\n

\nNAV as of 12\/08\/20:\n<\/p>\n

\n$211.8\n<\/p>\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\niShares Morningstar U.S. Equity ETF\n<\/p>\n<\/td>\n

\n

\nThe ETF seeks to track the investment results of an index composed of large-capitalization U.S. equities.\n<\/p>\n<\/td>\n

\n

\nThe ETF seeks to track the investment results of an index composed of large- and mid-capitalization U.S. equities.\n<\/p>\n<\/td>\n

\n

\n4:1\n<\/p>\n<\/td>\n

\n

\nMorningstar US Large Core Index\n<\/p>\n<\/td>\n

\n

\nMorningstar US Large-Mid Cap Index\n<\/p>\n<\/td>\n<\/tr>\n<\/table>\n

\n– Continued \u2013\n<\/p>\n\n\n\n\n
\n

Current ticker<\/b><\/p>\n<\/td>\n

\n

New ticker<\/b><\/p>\n<\/td>\n

\n

Current fund name<\/b><\/p>\n<\/td>\n

\n

New fund name<\/b><\/p>\n<\/td>\n

\n

Current<\/b><\/p>\n

investment objective<\/b><\/p>\n<\/td>\n

\n

New<\/b><\/p>\n

investment objective<\/b><\/p>\n<\/td>\n

\n

Share<\/b><\/p>\n

Split<\/b><\/p>\n

Ratio<\/b><\/p>\n<\/td>\n

\n

Current underlying index<\/b><\/p>\n<\/td>\n

\n

New underlying index<\/b><\/p>\n<\/td>\n<\/tr>\n

\n

\nJKE\n<\/p>\n<\/td>\n

\n

\nILCG\n<\/p>\n<\/td>\n

\n

\niShares Morningstar Large-Cap Growth ETF\n<\/p>\n

\n\u00a0\n<\/p>\n

\nInception Date: June 28, 2004\n<\/p>\n

\n\u00a0\n<\/p>\n

\nNAV as of 12\/08\/20:\n<\/p>\n

\n$288.4\n<\/p>\n<\/td>\n

\n

\niShares Morningstar Growth ETF\n<\/p>\n<\/td>\n

\n

\nThe ETF seeks to track the investment results of an index composed of large-capitalization U.S. equities that exhibit growth characteristics.\n<\/p>\n<\/td>\n

\n

\nThe ETF seeks to track the investment results of an index composed of large- and mid-capitalization U.S. equities that exhibit growth characteristics.\n<\/p>\n<\/td>\n

\n

\n5:1\n<\/p>\n<\/td>\n

\n

\nMorningstar Large Growth Index\n<\/p>\n<\/td>\n

\n

\nMorningstar US Large-Mid Cap Broad Growth Index1<\/sup><\/p>\n<\/td>\n<\/tr>\n

\n

\nJKI\n<\/p>\n<\/td>\n

\n

\nIMCV\n<\/p>\n<\/td>\n

\n

\niShares Morningstar Mid-Cap Value ETF\n<\/p>\n

\n\u00a0\n<\/p>\n

\nInception Date: June 28, 2004\n<\/p>\n

\n\u00a0\n<\/p>\n

\nNAV as of 12\/08\/20:\n<\/p>\n

\n$157.8\n<\/p>\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

No change<\/i><\/p>\n<\/td>\n

\n

\nThe ETF seeks to track the investment results of an index composed of mid-capitalization U.S. equities that exhibit value characteristics.\n<\/p>\n<\/td>\n

\n

No change<\/i><\/p>\n<\/td>\n

\n

\n3:1\n<\/p>\n<\/td>\n

\n

\nMorningstar US Mid Value Index\n<\/p>\n<\/td>\n

\n

\nMorningstar US Mid Cap Broad Value Index\n<\/p>\n<\/td>\n<\/tr>\n<\/table>\n

\n– Continued –\n<\/p>\n\n\n\n\n\n
\n

Current ticker<\/b><\/p>\n<\/td>\n

\n

New ticker<\/b><\/p>\n<\/td>\n

\n

Current fund name<\/b><\/p>\n<\/td>\n

\n

New fund name<\/b><\/p>\n<\/td>\n

\n

Current<\/b><\/p>\n

investment objective<\/b><\/p>\n<\/td>\n

\n

New<\/b><\/p>\n

investment objective<\/b><\/p>\n<\/td>\n

\n

Share<\/b><\/p>\n

Split<\/b><\/p>\n

Ratio<\/b><\/p>\n<\/td>\n

\n

Current underlying index<\/b><\/p>\n<\/td>\n

\n

New underlying index<\/b><\/p>\n<\/td>\n<\/tr>\n

\n

\nJKG\n<\/p>\n<\/td>\n

\n

\nIMCB\n<\/p>\n<\/td>\n

\n

\niShares Morningstar Mid-Cap ETF\n<\/p>\n

\n\u00a0\n<\/p>\n

\nInception Date: June 28, 2004\n<\/p>\n

\n\u00a0\n<\/p>\n

\nNAV as of 12\/08\/20:\n<\/p>\n

\n$231.4\n<\/p>\n<\/td>\n

\n

No change<\/i><\/p>\n<\/td>\n

\n

\nThe ETF seeks to track the investment results of an index composed of mid-capitalization U.S. equities.\n<\/p>\n<\/td>\n

\n

No change<\/i><\/p>\n<\/td>\n

\n

\n4:1\n<\/p>\n<\/td>\n

\n

\nMorningstar US Mid Core Index\n<\/p>\n<\/td>\n

\n

\nMorningstar US Mid Cap Index\n<\/p>\n<\/td>\n<\/tr>\n

\n

\nJKH\n<\/p>\n<\/td>\n

\n

\nIMCG\n<\/p>\n<\/td>\n

\n

\niShares Morningstar Mid-Cap Growth ETF\n<\/p>\n

\n\u00a0\n<\/p>\n

\nInception Date: June 28, 2004\n<\/p>\n

\n\u00a0\n<\/p>\n

\nNAV as of 12\/08\/20:\n<\/p>\n

\n$371.5\n<\/p>\n<\/td>\n

\n

No change<\/i><\/p>\n<\/td>\n

\n

\nThe ETF seeks to track the investment results of an index composed of mid-capitalization U.S. equities that exhibit growth characteristics.\n<\/p>\n<\/td>\n

\n

No change<\/i><\/p>\n<\/td>\n

\n

\n6:1\n<\/p>\n<\/td>\n

\n

\nMorningstar US Mid Growth Index\n<\/p>\n<\/td>\n

\n

\nMorningstar US Mid Cap Broad Growth Index\n<\/p>\n<\/td>\n<\/tr>\n

\n

\nJKL\n<\/p>\n<\/td>\n

\n

\nISCV\n<\/p>\n<\/td>\n

\n

\niShares Morningstar Small-Cap Value ETF\n<\/p>\n

\n\u00a0\n<\/p>\n

\nInception Date: June 28, 2004\n<\/p>\n

\n\u00a0\n<\/p>\n

\nNAV as of 12\/08\/20:\n<\/p>\n

\n$139.0\n<\/p>\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\nNo change\n<\/p>\n<\/td>\n

\n

\nThe ETF seeks to track the investment results of an index composed of small-capitalization U.S. equities that exhibit value characteristics.\n<\/p>\n<\/td>\n

\n

No change<\/i><\/p>\n<\/td>\n

\n

\n3:1\n<\/p>\n<\/td>\n

\n

\nMorningstar US Small Value Index\n<\/p>\n<\/td>\n

\n

\nMorningstar US Small Cap Broad Value Extended Index\n<\/p>\n<\/td>\n<\/tr>\n<\/table>\n

\n– Continued –\n<\/p>\n\n\n\n\n
\n

Current ticker<\/b><\/p>\n<\/td>\n

\n

New ticker<\/b><\/p>\n<\/td>\n

\n

Current fund name<\/b><\/p>\n<\/td>\n

\n

New fund name<\/b><\/p>\n<\/td>\n

\n

Current<\/b><\/p>\n

investment objective<\/b><\/p>\n<\/td>\n

\n

New<\/b><\/p>\n

investment objective<\/b><\/p>\n<\/td>\n

\n

Share<\/b><\/p>\n

Split<\/b><\/p>\n

Ratio<\/b><\/p>\n<\/td>\n

\n

Current underlying index<\/b><\/p>\n<\/td>\n

\n

New underlying index<\/b><\/p>\n<\/td>\n<\/tr>\n

\n

\nJKJ\n<\/p>\n<\/td>\n

\n

\nISCB\n<\/p>\n<\/td>\n

\n

\niShares Morningstar Small-Cap ETF\n<\/p>\n

\n\u00a0\n<\/p>\n

\nInception Date: June 28, 2004\n<\/p>\n

\n\u00a0\n<\/p>\n

\nNAV as of 12\/08\/20:\n<\/p>\n

\n$194.4\n<\/p>\n<\/td>\n

\n

No change<\/i><\/p>\n<\/td>\n

\n

\nThe ETF seeks to track the investment results of an index composed of small-capitalization U.S. equities.\n<\/p>\n<\/td>\n

\n

No change<\/i><\/p>\n<\/td>\n

\n

\n4:1\n<\/p>\n<\/td>\n

\n

\nMorningstar US Small Core Index\n<\/p>\n<\/td>\n

\n

\nMorningstar US Small Cap Extended Index\n<\/p>\n<\/td>\n<\/tr>\n

\n

\nJKK\n<\/p>\n<\/td>\n

\n

\nISCG\n<\/p>\n<\/td>\n

\n

\niShares Morningstar Small-Cap Growth ETF\n<\/p>\n

\n\u00a0\n<\/p>\n

\nInception Date: June 28, 2004\n<\/p>\n

\n\u00a0\n<\/p>\n

\nNAV as of 12\/08\/20:\n<\/p>\n

\n$288.3\n<\/p>\n<\/td>\n

\n

No change<\/i><\/p>\n<\/td>\n

\n

\nThe ETF seeks to track the investment results of an index composed of small-capitalization U.S. equities that exhibit growth characteristics.\n<\/p>\n<\/td>\n

\n

No change<\/i><\/p>\n<\/td>\n

\n

\n6:1\n<\/p>\n<\/td>\n

\n

\nMorningstar US Small Growth Index\n<\/p>\n<\/td>\n

\n

\nMorningstar US Small Cap Broad Growth Extended Index\n<\/p>\n<\/td>\n<\/tr>\n<\/table>\n

About BlackRock<\/b><\/p>\n

\nBlackRock\u2019s purpose is to help more and more people experience financial well-being. As a fiduciary to investors and a leading provider of financial technology, our clients turn to us for the solutions they need when planning for their most important goals. As of September 30, 2020, the firm managed approximately $7.81 trillion in assets on behalf of investors worldwide. For additional information on BlackRock, please visit www.blackrock.com\/corporate<\/a><\/p>\n

\nTwitter: @blackrock<\/a> | LinkedIn: www.linkedin.com\/company\/blackrock<\/a>.\n<\/p>\n

About iShares<\/b><\/p>\n

\niShares unlocks opportunity across markets to meet the evolving needs of investors. With more than twenty years of experience, a global line-up of 900+ exchange traded funds (ETFs) and $2.32 trillion in assets under management as of September 30, 2020, iShares continues to drive progress for the financial industry. iShares funds are powered by the expert portfolio and risk management of BlackRock, trusted to manage more money than any other investment firm2<\/sup>.\n<\/p>\n

\nThe foregoing is not a solicitation of any proxy. For important information regarding the iShares Morningstar U.S. Equity Style Box ETFs (the \u201cFunds\u201d) or to receive a free copy of a proxy statement, when available, or Prospectus or SAI relating to a proposed shareholder vote to change the diversification status of one of the Funds, the iShares Morningstar Large-Cap Growth ETF, from diversified from non-diversified, please call the Funds\u2019 toll-free telephone number: 1-800-iShares (1-800-474-2737). The proxy statement, Prospectus, and SAI contain important information about the Fund\u2019s objective, strategies, fees, expenses, risks, and the Board\u2019s considerations in approving the proposal to be presented for shareholder approval at the Special Meeting of Shareholders. The proxy statement, Prospectus, and SAI will be available for free on the SEC\u2019s website (www.sec.gov<\/a>). Please read the proxy statement, Prospectus, and SAI carefully before voting or when considering whether to vote for the proposal.\n<\/p>\n

\nPursuant to SEC proxy rules, the Fund\u2019s proxy solicitor, Computershare Fund Services (\u201cComputershare\u201d), is a \u201cparticipant\u201d in connection with the Special Meeting of Shareholders. Certain regular employees and officers of the Fund\u2019s investment manager, administrator, or any of their affiliates may become \u201cparticipants\u201d if any such persons solicit proxies. Shareholders may obtain information regarding the interests of Computershare and any other participants, if applicable, in the Fund\u2019s proxy statement, when available, for the Special Meeting of Shareholders.\n<\/p>\n

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<\/a> or www.blackrock.com<\/a>. Read the prospectus carefully before investing. <\/b><\/p>\n

Investing involves risk, including possible loss of principal. <\/b>Small-capitalization companies may be less stable and more susceptible to adverse developments, and their securities may be more volatile and less liquid than larger capitalization companies.\n<\/p>\n

\nThe iShares Funds are distributed by BlackRock Investments, LLC (together with its affiliates, \u201cBlackRock\u201d). The iShares Funds are not sponsored, endorsed, issued, sold or promoted by Morningstar, Inc., nor does this company make any representation regarding the advisability of investing in the Funds. BlackRock is not affiliated with Morningstar, Inc.\n<\/p>\n

\n\u00a92020 BlackRock, Inc. All rights reserved. iSHARES<\/b> and BLACKROCK<\/b> are trademarks of BlackRock, Inc., or its subsidiaries in the United States and elsewhere. All other marks are the property of their respective owners.\n<\/p>\n

\n

1<\/sup> The iShares Trust, of which the iShares Morningstar Large-Cap Growth ETF (the \u201cFund\u201d) is a series of, will solicit shareholder approval to change the Fund\u2019s diversification status from diversified to non-diversified, as such terms are defined under the Investment Company Act of 1940, at a Special Meeting of Shareholders to be held on or about March 12, 2021. As soon as reasonably practicable following shareholder approval, the Fund will begin tracking the Morningstar\u00ae US Large-Mid Cap Broad Growth Index. In the event that shareholder approval to change the Fund\u2019s diversification status from diversified to non-diversified is ultimately not obtained, the Fund will track the Morningstar US Large-Mid Cap Broad Growth Capped Index (the \u201cInterim Underlying Index\u201d). In addition, if the Fund is unable to obtain shareholder approval in a timely manner, the Fund may track the Interim Underlying Index on an interim basis.\n<\/p>\n

2<\/sup> Based on $7.81 trillion in AUM as of 9\/30\/20\n<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20201215005643\/en\/<\/a><\/span><\/p>\n

Soogyung Jordan \u2013 Soogyung.Jordan@BlackRock.com<\/a><\/b><\/p>\n

\n\u00a0\n<\/p>\n

KEYWORDS:<\/b> New York United States North America<\/p>\n

INDUSTRY KEYWORDS:<\/b> Finance Consulting Banking Accounting Professional Services<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
Logo<\/b><\/font><\/td>\n<\/tr>\n
\"Logo\"<\/td>\n<\/tr>\n
<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

PRODUCT UPDATE: iShares Morningstar U.S. Equity Style Box ETFs NEW YORK–(BUSINESS WIRE)– BlackRock today announced a series of product enhancements to the iShares Morningstar U.S. Equity Style Box ETFs. The changes to each of the nine funds outlined below are expected to be implemented no earlier than March 19, 2021. Current ticker New ticker Current fund name New fund name Current investment objective New investment objective Share Split Ratio Current underlying index New underlying index JKF ILCV iShares Morningstar Large-Cap Value ETF \u00a0 Inception Date: June 28, 2004 \u00a0 NAV as of 12\/08\/20: $113.1 iShares Morningstar Value ETF The ETF seeks to track the investment results of an index composed of large-capitalization U.S. equities that exhibit value characteristics. The ETF … <\/p>\n

Continue reading “PRODUCT UPDATE: iShares Morningstar U.S. Equity Style Box ETFs”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-399831","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nPRODUCT UPDATE: iShares Morningstar U.S. Equity Style Box ETFs - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/product-update-ishares-morningstar-u-s-equity-style-box-etfs\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"PRODUCT UPDATE: iShares Morningstar U.S. Equity Style Box ETFs - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PRODUCT UPDATE: iShares Morningstar U.S. Equity Style Box ETFs NEW YORK–(BUSINESS WIRE)– BlackRock today announced a series of product enhancements to the iShares Morningstar U.S. Equity Style Box ETFs. The changes to each of the nine funds outlined below are expected to be implemented no earlier than March 19, 2021. Current ticker New ticker Current fund name New fund name Current investment objective New investment objective Share Split Ratio Current underlying index New underlying index JKF ILCV iShares Morningstar Large-Cap Value ETF \u00a0 Inception Date: June 28, 2004 \u00a0 NAV as of 12\/08\/20: $113.1 iShares Morningstar Value ETF The ETF seeks to track the investment results of an index composed of large-capitalization U.S. equities that exhibit value characteristics. The ETF … Continue reading "PRODUCT UPDATE: iShares Morningstar U.S. Equity Style Box ETFs"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/product-update-ishares-morningstar-u-s-equity-style-box-etfs\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2020-12-15T13:06:07+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&sty=20201215005643r1&sid=flmnd&distro=nx&lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"7 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/product-update-ishares-morningstar-u-s-equity-style-box-etfs\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/product-update-ishares-morningstar-u-s-equity-style-box-etfs\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"PRODUCT UPDATE: iShares Morningstar U.S. Equity Style Box ETFs\",\"datePublished\":\"2020-12-15T13:06:07+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/product-update-ishares-morningstar-u-s-equity-style-box-etfs\\\/\"},\"wordCount\":1403,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/product-update-ishares-morningstar-u-s-equity-style-box-etfs\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&sty=20201215005643r1&sid=flmnd&distro=nx&lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/product-update-ishares-morningstar-u-s-equity-style-box-etfs\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/product-update-ishares-morningstar-u-s-equity-style-box-etfs\\\/\",\"name\":\"PRODUCT UPDATE: iShares Morningstar U.S. Equity Style Box ETFs - 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The changes to each of the nine funds outlined below are expected to be implemented no earlier than March 19, 2021. Current ticker New ticker Current fund name New fund name Current investment objective New investment objective Share Split Ratio Current underlying index New underlying index JKF ILCV iShares Morningstar Large-Cap Value ETF \u00a0 Inception Date: June 28, 2004 \u00a0 NAV as of 12\/08\/20: $113.1 iShares Morningstar Value ETF The ETF seeks to track the investment results of an index composed of large-capitalization U.S. equities that exhibit value characteristics. 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