BlackRock announces product updates for nine iShares ETFs

NEW YORK–(COMMERCIAL THREAD) – BlackRock, Inc. (NYSE: BLK) today announced its intention to update nine iShares ETFs as part of an ongoing process of periodic reviews of its product line.

Distribution of stocks

BlackRock plans to implement stock splits for the ETFs listed below, which will be effective for shareholders of record at the close of business on July 14, 2021, payable after market close on July 16, 2021. The funds will be traded on after the spin-off on July 19, 2021. These spin-offs will reduce the share price and increase the number of shares outstanding. The total value of shares outstanding is not affected by the stock split.


Fund name

Creation date

NAV / Share

(at 06/14/21)

Share ratio before


IShares Global Technology ETF


$ 329.88

6 for 1


IShares US Medical Devices ETF


$ 347.72

6 for 1

Fund closures

BlackRock plans to close and liquidate the following seven US iShares ETFs:


Fund name

Creation date


IShares Factors US Blend Style ETF



IShares Factors US Mid Blend Style ETF



IShares Factors US Small Blend Style ETF



IShares Currency Hedged MSCI Mexico ETF



iShares Adaptive Currency Hedged MSCI EAFE ETF



IShares International Preferred Equity ETF



IShares Russell 1000 Pure US Revenue ETF


After the close of business on August 23, 2021, the funds will no longer accept creation and redemption orders. Trading in the funds will be halted before the market opens on August 24, 2021. The liquidation proceeds are currently expected to be sent to shareholders around August 26, 2021.

About BlackRock

The goal of BlackRock is to help more and more people experience financial well-being. As an investor trustee and a leading provider of fintech, we help millions of people build savings for their lifetimes by making investing easier and more affordable. For more information on BlackRock, please visit | Twitter: @Black rock

About iShares

iShares opens up opportunities in all markets to meet the changing needs of investors. With over twenty years of experience, a global lineup of over 900 exchange-traded funds (ETFs) and $ 2.81 trillion in assets under management as of March 31, 2021, iShares continues to drive the financial industry forward. IShares funds are powered by BlackRock’s portfolio of experts and risk management.

Carefully consider the investment objectives, risk factors and fees and expenses of the Funds before investing. This and other information can be found in the prospectuses of the Funds or, if available, in the simplified prospectuses which can be obtained by visiting or Read the prospectus carefully before investing.

There are risks involved in investing, including the possible loss of capital.

Prepared by BlackRock Investments, LLC, FINRA member.

This information should not be construed as research, investment advice or recommendation regarding any particular product, strategy or security. This material is strictly for illustrative, educational or informational purposes and is subject to change.

The iShares Funds are not sponsored, approved, issued, sold or promoted by MSCI Inc. or Russell. None of these companies make any representation regarding the advisability of investing in the Funds. BlackRock is not affiliated with the companies listed above.

© 2021 BlackRock, Inc. All rights reserved. iPShare and BLACK ROCK are trademarks of BlackRock, Inc., or its subsidiaries in the United States and elsewhere. All other marks are the property of their respective owners.

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