iShares Morningstar Mid-Cap ETF
JKG
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Global
- Address
- IPO Date
- Jan 2, 2009
- CIK
- 0001100663
- Similar Companies
- Business
- iShares Morningstar Mid-Cap ETF (JKG) is an exchange-traded fund that seeks to track the investment results of the Morningstar Mid Core Index, which comprises mid-capitalization U.S. equities exhibiting a blend of growth and value characteristics. The ETF provides investors with exposure to mid-cap companies traded on the NYSE, AMEX, or NASDAQ; it offers diversified holdings across sectors such as industrials, financials, consumer discretionary, information technology, and healthcare, with an expense ratio of 0.25%. Launched on June 28, 2004, and managed by BlackRock, Inc., headquartered in New York City, the fund operates primarily in the U.S. market, targeting long-term investors seeking mid-cap equity performance. The fund's portfolio characteristics include a focus on approximately 400-500 mid-cap stocks selected and weighted by Morningstar's proprietary methodology, which balances style tilts and reduces concentration risk; top holdings typically feature companies like Carlisle Cos Inc., W.W. Grainger Inc., and Reliance Inc. It distributes dividends quarterly, with recent payouts reflecting underlying portfolio income, and maintains a market-cap weighted approach aligned with the benchmark's performance metrics, including a 10-year annualized return of around 9-11% as of late 2025. No major structural changes, such as index reconstitutions, mergers, or ticker alterations, have been reported for JKG in the last 1-2 years; the fund continues its standard operations without recent partnerships, acquisitions, funding rounds, or new product launches specific to its strategy. Ongoing portfolio rebalancing occurs periodically per the Morningstar Mid Core Index methodology, ensuring alignment with mid-cap blend exposure amid market conditions. Assets under management remain stable, supporting liquidity for institutional and retail investors in the competitive U.S. ETF landscape.