iShares Russell Mid-Cap ETF IWR

iShares Russell Mid-Cap ETF is a fund that tracks the investment results of the mid-capitalisation equities in the United States. This exchange traded fund was founded in 2001 and is administered by the investment management company BlackRock. The fund gives investors exposure to mid-sized US companies listed on the Russell 1000 Index. The base currency of this fund is USD, and the fund tracks specifically American companies.

iShares Russell Mid-Cap ETF tends to invest at least 80% of its assets in the component securities of the underlying index, as well as investments that have identical characteristics to the underlying index. The fund may also invest up to 20% of its assets in futures, options and swap contracts, and cash (as well as cash equivalents).

The top five sectors that the ETF invests in are technology, industrials, consumer cyclical, financial services, and healthcare. As of December 2021, the top holding of iShares Russell Mid-Cap is Marvell Technology Inc, with a portfolio weight of 0.52%. iShares Russell Mid-Cap can be found under the ticker IWR and is traded on the NYSE.

Keep up to date with the latest share price and updates for this fund by adding IWR stock to your eToro virtual portfolio today.