iShares Russell 1000 ETF, launched on 15 May 2000, is managed by BlackRock, Inc. Its goal is to follow and observe the investment results that make up its benchmark, the Russell 1000 Index. This index is made up of large- to mid-sized-range US equities that are available to interested investors
iShares Russell 1000 ETF aims to invest mostly in the securities that comprise its benchmark, the Russell 1000 Index, as well as in securities with similar economic traits as those in the index. This strategy facilitates the exposure of interested investors to large companies in the US. It also provides them with necessary information on 1,000 US stocks in a single fund package. The iShares Russell 1000 ETF is used by investors who prefer to pursue long-term financial growth. The top sectors in which iShares Russell 1000 ETF operates are information technology, healthcare, consumer discretionary, financials, communication, industrials, consumer staples, real estate, energy, utilities, materials, and cash and/or derivatives. Its base currency is the US dollar.
iShares Russell 1000 ETF trades on the NYSE Arca, where it is listed under the ticker IWB.
Keep up to date on the latest share price changes by adding IWB stock to your eToro watchlist.