ETF Introduction: IWY — iShares Russell Top 200 Growth ETF Market News Video - Monday, April 6, 5:28 PM
Description to the Russell Top 200 Growth Index Fund, traded under ticker symbol IWY: This ETF is a fund, created in September 2009, that corresponds to the price and yield performance, before fees and expenses, of the Russell Top 200 Growth Index. The underlying index gauges the performance of the particularly large-capitalization segment of the United States equities markets represented by stocks in the largest two hundred by market cap that exhibit growth characteristics as defined by the index. It includes Russell Top 200 Index companies with higher price-to-book ratios and higher forecast growth values. These stocks of these companies are also constituents of the Russell 1000 Growth Index.