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Stock impact report

BlackRock® Canada Announces Change in Index of the iShares MSCI USA Momentum Factor Index ETF

BlackRock, Inc. (BLK) 
Last blackrock, inc. earnings: 4/16 06:02 am Check Earnings Report
US:NYSE Investor Relations: ir.blackrock.com
Company Research Source: GlobeNewswire
TORONTO, Sept. 22, 2020 (GLOBE NEWSWIRE) -- BlackRock Asset Management Canada Limited (BlackRock Canada), an indirect, wholly-owned subsidiary of BlackRock, Inc. (BlackRock) (NYSE:BLK) today announces that effective on or about December 1, 2020 the index that the iShares MSCI USA Momentum Factor Index ETF (the “iShares ETF”) seeks to replicate will change as follows: Current IndexNew IndexMSCI USA Momentum IndexMSCI USA Momentum SR Variant Index Both the Current Index and the New Index seek to provide exposure to U.S. equity securities identified by MSCI, Inc. (“MSCI”) as exhibiting positive momentum characteristics. The Current Index and the New Index will generally invest in the same equity securities. The Current Index and the New Index are generally rebalanced semi-annually, but each month may be rebalanced if the volatility of MSCI USA Index has increased above a threshold specified by MSCI; however, the New Index will employ a staggered implementation approach to index changes Show less Read more
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