IWM Profile
The
iShares Russell 2000 ETF (IWM) is an exchange-traded fund that seeks
to track the performance of the Russell 2000 Index. The Russell 2000
Index is a benchmark index that measures the performance of small-cap
U.S. stocks. The IWM ETF is designed to provide investors with
exposure to the U.S. small-cap equity market. Here's an extended
company report for the iShares Russell 2000 ETF:
The iShares
Russell 2000 ETF was launched in 2000 by iShares, a leading provider
of exchange-traded funds. The ETF seeks to provide investors with
exposure to the U.S. small-cap equity market by tracking the
performance of the Russell 2000 Index, which measures the performance
of 2,000 small-cap U.S. stocks.
The IWM ETF is designed to
provide investors with a cost-effective way to gain diversified
exposure to the U.S. small-cap equity market. The ETF has a low
expense ratio of 0.19%, which is significantly lower than the average
expense ratio for similar actively managed mutual funds. The ETF is
also highly liquid, with an average daily trading volume of over 20
million shares.
As of March 18, 2023, the iShares Russell 2000
ETF had a net asset value of approximately $70 billion, making it one
of the largest and most heavily traded ETFs in the small-cap equity
market. The ETF's holdings are heavily weighted towards the
financials, healthcare, and industrials sectors, with top holdings
including Viatris Inc., Axon Enterprise Inc., and Enphase Energy Inc.
Investing in the iShares Russell 2000 ETF involves significant
risks, including the risk that the ETF's performance may be affected
by changes in market conditions, regulatory changes, and other factors
that may impact the companies in which the ETF invests. The ETF is
also subject to market risk, which means that its value may decline
due to general market conditions, economic factors, and other factors
that affect the equity markets as a whole.
In conclusion, the
iShares Russell 2000 ETF seeks to provide investors with exposure to
the U.S. small-cap equity market by tracking the performance of the
Russell 2000 Index. The ETF is cost-effective, highly liquid, and
heavily weighted towards the financials, healthcare, and industrials
sectors. Investors should carefully consider the risks and potential
benefits of investing in the iShares Russell 2000 ETF before making
any investment
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