iShares Morningstar Mid-Cap Value ETF

iShares Morningstar Mid-Cap Value ETF is an equity exchange-traded fund that seeks to track the Morningstar US Mid Cap Broad Value Index, providing focused exposure to U.S. mid-cap companies with value characteristics. The fund uses a rules-based approach that emphasizes valuation and fundamental measures such as earnings, book value, sales, cash flow, and dividend yield. It offers investors diversified access to a broad portfolio of mid-sized American businesses across sectors including financials, healthcare, industrials, and consumer-related industries. Designed as a passive vehicle, the ETF is used to express a mid-cap value allocation within a broader U.S. equity portfolio, combining style-based selection with the liquidity and convenience of an ETF structure. iShares Morningstar Mid-Cap Value ETF is managed by BlackRock through the iShares family of funds.