IWV 📈 iShares Russell 3000 - Overview

The iShares Russell 3000 ETF, listed on NYSE ARCA under the ticker IWV, is a diversified investment fund that seeks to track the performance of the Russell 3000 Index. This index is a broad market benchmark that comprises approximately 3000 of the largest publicly traded companies in the US, representing nearly 98% of the US equity market. The fund's investment strategy involves allocating at least 80% of its assets to the component securities of the Russell 3000 Index, providing investors with exposure to a wide range of sectors and industries.

In addition to investing in the underlying securities, the fund may also utilize derivatives such as futures, options, and swap contracts to manage risk, gain exposure to specific sectors, or to enhance returns. The fund can allocate up to 20% of its assets to these derivatives, as well as to cash and cash equivalents. This flexibility allows the fund managers to navigate market fluctuations and optimize the portfolio's performance. The fund is domiciled in the United States and is classified as a large blend ETF, indicating its focus on investing in large-cap companies across various sectors.

As a large blend ETF, the iShares Russell 3000 ETF provides investors with a core holding that can serve as the foundation of a diversified portfolio. The fund's broad market exposure and low costs make it an attractive option for long-term investors seeking to benefit from the growth of the US equity market. With its listing on NYSE ARCA and a website available at http://www.ishares.com, investors can easily access information about the fund and its performance. The fund's ISIN code, US4642876894, can be used to identify and trade the fund on various platforms.