ETF Introduction: IWR — iShares Russell Mid-Cap ETF Market News Video - Monday, April 6, 5:28 PM
Description to the Russell Midcap Index Fund, traded under ticker symbol IWR: This ETF is a fund, created in July 2001, that corresponds to the price and yield performance, before fees and expenses, of the mid-cap sector of the United States equities market, as represented by the Russell Midcap Index. The underlying index represents the eight hundred smallest companies in the Russell 1000 Index based on a combination of their market capitalization and current index membership and represents approximately twenty seven percent of the total market cap of the Russell 1000 companies.