 The
iShares Russell 1000 ETF (IWB) is an exchange-traded fund that seeks
to track the investment results of the Russell 1000 Index. The Russell
1000 Index is a widely recognized benchmark of large-cap U.S. stocks.
It is composed of the 1,000 largest U.S. companies by market
capitalization.
The IWB ETF has a diversified portfolio of
large-cap U.S. stocks across multiple sectors, providing investors
with exposure to a broad range of companies in the U.S. market. The
ETF is designed to provide investors with low-cost access to a
diversified portfolio of large-cap U.S. stocks.
As of March 23,
2023, the IWB ETF had a net asset value (NAV) of $34.2 billion and
held 999 holdings. The top holdings of the ETF include companies such
as Apple Inc., Microsoft Corporation, Amazon.com Inc., Facebook Inc.,
and Alphabet Inc. Class A.
Investors can use the IWB ETF as a
core holding in their portfolios, as a way to gain exposure to the
U.S. equity market. It is a relatively low-cost and tax-efficient way
to invest in a diversified portfolio of large-cap U.S. stocks.
However, investors should keep in mind that the IWB ETF is market-cap
weighted, which means that the largest companies in the index will
have the highest weighting in the portfolio.
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