IWR 📈 iShares Russell Mid-Cap - Overview

The iShares Russell Mid-Cap ETF, listed on the NYSE ARCA under the ticker IWR, is designed to track the performance of the Russell Midcap Index, which comprises mid-cap stocks in the US market. By investing at least 80% of its assets in the component securities of its underlying index, the fund aims to replicate the index's performance, providing investors with exposure to a diversified portfolio of mid-cap companies. Additionally, the fund may invest in depositary receipts that represent securities of the underlying index, allowing for further diversification and flexibility in its investment strategy.

The fund's investment portfolio is constructed to closely mirror the characteristics of the Russell Midcap Index, which includes a broad range of mid-cap stocks across various sectors and industries. This approach enables investors to gain access to a representative sample of the US mid-cap market, potentially benefiting from the growth and income opportunities that these companies offer. The fund may also utilize derivatives, such as futures, options, and swap contracts, to manage risk, enhance returns, or gain exposure to specific market segments, although these investments are limited to up to 20% of the fund's assets.

As a US-domiciled exchange-traded fund (ETF), the iShares Russell Mid-Cap ETF is subject to the regulatory framework and oversight of the US Securities and Exchange Commission. The fund's ISIN, US4642874998, is a unique identifier that facilitates international trading and clearing. With its mid-cap blend ETF category classification, the fund is designed to appeal to investors seeking a diversified portfolio of mid-cap stocks, which can provide a balance between growth and income potential. More information about the fund can be found on the iShares website, which provides detailed product information, performance data, and investment insights.