IShares Russell 2000
Encyclopedia
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 trader
s and investors alike to gain access to the small-cap
segment of US stocks. It is highly liquid
with (as of March 2009) an average daily volume of over 70,000,000 shares per day.
(as of December 2008)
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 that tracks the Russell 2000
Russell 2000
The Russell 2000 Index is a small-cap stock market index of the bottom 2,000 stocks in the Russell 3000 Index.The Russell 2000 is by far the most common benchmarkfor mutual funds that identify themselves as "small-cap",...
index, in the iShares
IShares
iShares are a family of exchange-traded funds managed by BlackRock. The first iShares were known as WEBS but were since rebranded.Each iShares fund tracks a bond or stock market index...
ETF family.
IWM is used by day trader
Day trader
A day trader is a trader who buys and sells financial instruments within the same trading day such that all positions will usually be closed before the market close of the trading day. This trading style is called day trading...
s and investors alike to gain access to the small-cap
Market capitalization
Market capitalization is a measurement of the value of the ownership interest that shareholders hold in a business enterprise. It is equal to the share price times the number of shares outstanding of a publicly traded company...
segment of US stocks. It is highly liquid
Market liquidity
In business, economics or investment, market liquidity is an asset's ability to be sold without causing a significant movement in the price and with minimum loss of value...
with (as of March 2009) an average daily volume of over 70,000,000 shares per day.
Holdings
Top ten holdings:- Ralcorp Holdings Inc. (RAH)
- Myriad Genetics Inc.Myriad GeneticsMyriad Genetics, Inc. is a molecular diagnostic company based in Salt Lake City, Utah. Myriad employs a number of proprietary technologies that permit doctors and patients to understand the genetic basis of human disease and the role that genes play in the onset, progression and treatment of disease...
(MYGN) - Alexion Pharmaceuticals, Inc.Alexion PharmaceuticalsAlexion Pharmaceuticals is the original developer and distributor of Soliris, a drug used in treating the ultra-rare disorders Hemolytic-uremic syndrome and Paroxysmal nocturnal hemoglobinuria . In a recent study Soliris was noted for its effectiveness in altering the natural course of PNH...
(ALXN) - Waste Connections Inc. (WCN)
- Piedmont Natural Gas Co. Inc. (PNY)
- Realty Income Corp.Realty Income CorporationRealty Income Corporation is a real estate investment trust known as “The Monthly Dividend Company®” for its practice of paying investor dividends on a monthly rather than quarterly basis. It is chartered in the state of Maryland and has its headquarters in Escondido, California...
(O) - OSI Pharmaceuticals Inc.OSI PharmaceuticalsOSI Pharmaceuticals, Inc. is an American pharmaceutical company based in Long Island, New York with facilities in Colorado, New Jersey and the United Kingdom. OSI specializes in the discovery and development of molecular targeted therapies, and was listed in the NASDAQ Biotechnology Index...
(OSIP) - Comstock Resources Inc. (CRK)
- ITC Holdings Corp. (ITC)
- Westar Energy Inc.Westar EnergyWestar Energy is an investor owned electric utility headquartered in Topeka, Kansas. Westar is the largest electric company in Kansas, serving 687,000 residential, commercial and industrial customers in the eastern third of the state. Westar Energy generates more than 27,000,000 megawatt-hours of...
(WR)
(as of December 2008)