 The
iShares Russell 2000 Value ETF (IWN) is an exchange-traded fund that
seeks to track the performance of the Russell 2000 Value Index. The
Russell 2000 Value Index is a benchmark index that measures the
performance of small-cap U.S. value stocks. The IWN ETF is designed to
provide investors with exposure to the U.S. small-cap value equity
market. Here's an extended company report for the iShares Russell 2000
Value ETF:
The iShares Russell 2000 Value ETF was launched in
2000 by iShares, a leading provider of exchange-traded funds. The ETF
seeks to provide investors with exposure to the U.S. small-cap value
equity market by tracking the performance of the Russell 2000 Value
Index, which measures the performance of small-cap U.S. value stocks.
The IWN ETF is designed to provide investors with a cost-effective
way to gain diversified exposure to the U.S. small-cap value equity
market. The ETF has a low expense ratio of 0.24%, which is
significantly lower than the average expense ratio for similar
actively managed mutual funds. The ETF is also highly liquid, with an
average daily trading volume of over 4 million shares.
As of
March 18, 2023, the iShares Russell 2000 Value ETF had a net asset
value of approximately $36 billion, making it one of the largest and
most heavily traded ETFs in the small-cap value equity market. The
ETF's holdings are heavily weighted towards the financials, consumer
discretionary, and industrials sectors, with top holdings including
PNC Financial Services Group Inc., Discover Financial Services, and
Textron Inc.
Investing in the iShares Russell 2000 Value ETF
involves significant risks, including the risk that the ETF's
performance may be affected by changes in market conditions,
regulatory changes, and other factors that may impact the companies in
which the ETF invests. The ETF is also subject to market risk, which
means that its value may decline due to general market conditions,
economic factors, and other factors that affect the equity markets as
a whole.
In conclusion, the iShares Russell 2000 Value ETF
seeks to provide investors with exposure to the U.S. small-cap value
equity market by tracking the performance of the Russell 2000 Value
Index. The ETF is cost-effective, highly liquid, and heavily weighted
towards the financials, consumer discretionary, and industrials
sectors. Investors should carefully consider the risks and potential
benefits of investing in the iShares Russell 2000 Value ETF before
making any investment decisions.
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