iShares Russell 2000 Index (ETF) (NYSEARCA:IWM) Stays Ahead Of Its Peers

715

Dallas, Texas 12/20/2013 (FINANCIALSTRENDS) – iShares Russell 2000 Index (ETF) (NYSEARCA:IWM)  is an Exchange traded fund which has managed to garner market cap of $25.06 billion.  In its previous avatar the fund was traded under the name of iShares Russell 2000 Index Fund. This fund tries to earn income and provide gains to its customers which are in line or above that of the yield and performance provided by Russell 2000 Index. iShares Russell 2000 Index (ETF)(NYSEARCA:IWM)  invests majorly into companies which are tracked on Russell 2000 Index. It has retained the services of BlackRock Fund Advisors (BFA) as its in house advisers to help in designing its investment strategy.

iShares Russell 2000 Index (ETF) (NYSEARCA:IWM) has been a performer in terms of returning share holder value to its customers at the stock markets. It has gained in value by 34.5 percent in the past 12 months. Even in the past 180 days the stock has gained 17.5 percent. At current appreciated levels the share price of the stock is trading just 1.86 percent below its prior 52 week high price point. The stock has been range bound between $81.25 and $114.16 per share in the past 52 week of trading.

iShares Russell 2000 Index (ETF) (NYSEARCA:IWM)  has also paid dividend of $1.65 per share in the trailing 12 months, which translates to a 1.47 dividend yield in the past year. At current price points the stock has been trading at $112.04 per share which is 37.8 percent above its 52 week low price points.

Now that the Fed has decided to bitten the bullet and initiated a mild tapering move to the tune of reducing its monthly $85 billion by $10 billion to start with. This move is expected to have a larger and salutatory impact on the wider economy and this should be in turn spur this ETF to perform better in the near term.

Subscribe to get your free report!

* indicates required
*Past performance is not a predictor of future results. All investing involves risk of loss and individual investments may vary. The examples provided may not be representative of typical results. Your capital is at risk when you invest – you can lose some or all of your money. Never risk more than you can afford to lose.By submitting your information you agree to the terms of our Privacy Policy • Cancel Newsletter Any Time.This is a FREE service from Finacials Trend. Signing up for our FREE daily e-letter also entitles you to receive this report. We will NOT share your email address with anyone.