IMCB

iShares Morningstar Mid-Cap ETF

$81.60
+0.00%
Market closed. Last update: 10:51 PM ET

📎 Investment Objective

The iShares Morningstar Mid-Cap ETF seeks to track the investment results of an index composed of mid-capitalization U.S. equities.

Overview

ETF tracking iShares Morningstar Mid-Cap ETF

Category Mid Cap
Issuer BlackRock
Inception Date 2007-12-06
Market Cap $1.2B
Average Volume N/A
Dividend Yield 1.39%
52-Week Range $65.41 - $83.82
VWAP $81.58

Performance

Loading performance data...

Price Chart

Investment Summary

📎 Investment Objective

The iShares Morningstar Mid-Cap ETF seeks to track the investment results of an index composed of mid-capitalization U.S. equities.

🎯 Investment Strategy

The ETF employs a representative sampling strategy to track the Morningstar Mid Cap Index, which measures the performance of mid-capitalization sector of the U.S. equity market. The fund invests in a representative sample of securities included in the index to seek to achieve its investment objective.

✨ Key Features

  • Provides exposure to the mid-cap segment of the U.S. equity market
  • Uses a representative sampling strategy to track the Morningstar Mid Cap Index
  • Low expense ratio of 0.00%
  • Suitable for investors seeking broad mid-cap market exposure

⚠️ Primary Risks

  • Market risk: The value of the fund's shares will fluctuate with changes in the value of the securities it holds
  • Sector risk: The fund may be susceptible to economic, political, or regulatory occurrences affecting a particular sector
  • Mid-cap risk: Stocks of mid-cap companies may be subject to more abrupt or erratic market movements than those of larger, more established companies
  • Tracking error risk: The fund may not perfectly track the underlying index

👤 Best For

The iShares Morningstar Mid-Cap ETF may be suitable for investors seeking broad exposure to the mid-capitalization segment of the U.S. equity market as part of a diversified portfolio. It may be appropriate for investors with a medium to long-term investment horizon and a moderate risk tolerance.