IShares Russell 1000
Encyclopedia
iShares Russell 1000 Index Fund is an exchange-traded fund
of US stocks.
The ticker is IWB.
The fund tracks the Russell 1000
index.
IWB was commenced on May 15, 2000;
there are also
the more popular IWD IShares Russell 1000 Value Index (about USD $7 bn AUM as of early 2009)
and IWF IShares Russell 1000 Growth Index (about USD $9 bn AUM as of early 2009), and the IWM IShares Russell 2000
Index ETF, all of which were commenced on May 22, 2000.
(as of November 2010)
Exchange-traded fund
An exchange-traded fund is an investment fund traded on stock exchanges, much like stocks. An ETF holds assets such as stocks, commodities, or bonds, and trades close to its net asset value over the course of the trading day. Most ETFs track an index, such as the S&P 500 or MSCI EAFE...
of US stocks.
The ticker is IWB.
The fund tracks the Russell 1000
Russell 1000
The Russell 1000 Index is a stock market index that represents the highest-ranking 1,000 stocks in the Russell 3000 Index, which represents about 90% of the total market capitalization of that index. The Russell 1000 Index has a weighted average market capitalization of $81 billion; the median...
index.
IWB was commenced on May 15, 2000;
there are also
the more popular IWD IShares Russell 1000 Value Index (about USD $7 bn AUM as of early 2009)
and IWF IShares Russell 1000 Growth Index (about USD $9 bn AUM as of early 2009), and the IWM IShares Russell 2000
IShares Russell 2000
iShares Russell 2000 Index Fund is an exchange-traded fund of US stocks that tracks the Russell 2000 index, in the iShares ETF family.IWM is used by day traders and investors alike to gain access to the small-cap segment of US stocks...
Index ETF, all of which were commenced on May 22, 2000.
Holdings
Top ten holdings:- Exxon Mobil Corp.ExxonMobilExxon Mobil Corporation or ExxonMobil, is an American multinational oil and gas corporation. It is a direct descendant of John D. Rockefeller's Standard Oil company, and was formed on November 30, 1999, by the merger of Exxon and Mobil. Its headquarters are in Irving, Texas...
(XOM) - Apple Inc. (AAPL)
- Microsoft CorporationMicrosoftMicrosoft Corporation is an American public multinational corporation headquartered in Redmond, Washington, USA that develops, manufactures, licenses, and supports a wide range of products and services predominantly related to computing through its various product divisions...
(MSFT) - International Business MachinesIBMInternational Business Machines Corporation or IBM is an American multinational technology and consulting corporation headquartered in Armonk, New York, United States. IBM manufactures and sells computer hardware and software, and it offers infrastructure, hosting and consulting services in areas...
(IBM) - Procter & Gamble CompanyProcter & GambleProcter & Gamble is a Fortune 500 American multinational corporation headquartered in downtown Cincinnati, Ohio and manufactures a wide range of consumer goods....
(PG) - Wells Fargo & CompanyWells FargoWells Fargo & Company is an American multinational diversified financial services company with operations around the world. Wells Fargo is the fourth largest bank in the U.S. by assets and the largest bank by market capitalization. Wells Fargo is the second largest bank in deposits, home...
(WFC) - Pfizer Inc.PfizerPfizer, Inc. is an American multinational pharmaceutical corporation. The company is based in New York City, New York with its research headquarters in Groton, Connecticut, United States...
(PFE) - Johnson & JohnsonJohnson & JohnsonJohnson & Johnson is an American multinational pharmaceutical, medical devices and consumer packaged goods manufacturer founded in 1886. Its common stock is a component of the Dow Jones Industrial Average and the company is listed among the Fortune 500....
(JNJ) - General Electric Co.General ElectricGeneral Electric Company , or GE, is an American multinational conglomerate corporation incorporated in Schenectady, New York and headquartered in Fairfield, Connecticut, United States...
(GE) - Bank of America CorporationBank of AmericaBank of America Corporation, an American multinational banking and financial services corporation, is the second largest bank holding company in the United States by assets, and the fourth largest bank in the U.S. by market capitalization. The bank is headquartered in Charlotte, North Carolina...
(BAC)
(as of November 2010)