iShares Morningstar Mid-Cap Value ETF
JKI
NASDAQ Global Select- -
USD
- -
- -
Capital Structure
FRC
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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
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 400 Howard Street San Francisco CA United States of America 94105
- IPO Date
- Jan 1, 2009
- CIK
- 0001100663
- Similar Companies
- Business
- iShares Morningstar Mid-Cap Value ETF (JKI), managed by BlackRock Fund Advisors, seeks to track the investment results of the Morningstar US Mid Cap Broad Value Index, which comprises mid-capitalization U.S. equities exhibiting value characteristics as determined by Morningstar's proprietary methodology. The ETF primarily invests at least 90% of its assets in securities of the underlying index and depositary receipts representing such securities; it provides exposure to mid-cap value stocks across diversified sectors including financials, utilities, consumer services, process industries, electronic technology, energy minerals, and industrial services. Launched on June 28, 2004, and listed on NASDAQ under the ticker JKI, the fund is domiciled in the United States with operations focused on the North American developed markets. The ETF maintains a low expense ratio of 0.06%, quarterly distributions, and a portfolio typically holding around 169 securities with approximately 14% concentration in the top 10 holdings. Geographically, its holdings are predominantly U.S.-based (over 94%), with minor exposures to other regions via depositary receipts. BlackRock, Inc., the parent sponsor headquartered at 400 Howard Street, San Francisco, California, oversees the iShares suite of ETFs, including this passively managed vehicle targeting institutional and retail investors seeking mid-cap value strategies. In recent developments, the ETF transitioned to the ticker symbol IMCV on certain platforms while retaining JKI on NASDAQ, reflecting updates in iShares branding for its Morningstar U.S. Equity Style Box suite as part of a 2020 product refresh that aligned indexes more closely with broad value benchmarks. It continues regular quarterly dividend declarations, with the latest distribution of $0.5403 per share announced in December 2025, payable December 19, underscoring stable income generation amid strong mid-cap value performance in 2024-2025. No major acquisitions, funding rounds, or strategic alliances specific to the ETF were reported in the last 1-2 years, with focus remaining on index tracking and portfolio rebalancing.