Dallas, Texas 11/06/2013 (Financialstrend) – In Tuesday’s trading, iShares Russell 2000 Index (ETF) (NYSEARCA:IWM) dropped by 0.32%. The opening price of the shares was $109.54, which climbed to an intraday high of $109.92 and dipped to a close of $109.62. Approximately 26.32 million shares were traded on Tuesday while an average volume of 35.40 million shares were traded over a 30 day period. The 52-week low of iShares Russell 2000 Index (ETF) (NYSEARCA:IWM) shares is $76.13 and its 52-week high is $109.92. The company has a market capitalization of $28.11 billion.
About the company
iShares Russell 2000 Index (ETF) (NYSEARCA:IWM) was previously iShares Russell 2000 Index Fund. This is an exchange-traded fund. iShares Russell 2000 Index (ETF) (NYSEARCA:IWM) seeks the investment results that generally correspond to the price and the yield performance of Russell 2000 Index. This Index is a float-adjusted and capitalization weighted index. It measures the performance of small-capitalization sector of the U.S equity-market &includes the securities that have been issued by the almost 2,000 smallest issuers that exist in the Russell 3000 Index.
iShares Russell 2000 Index (ETF) (NYSEARCA:IWM) invests in the representative sample of the securities that are included in the Index. Collectively, these have an investment profile that is similar to the Index. The index is a subset-of the Russell 3000 Index. It serves as the underlying-index for the Russell-2000 Growth & Value Index series. The Component companies are then adjusted for available float & have to meet the objective criteria for inclusion into the Index. BlackRock Fund Advisors serves as iShares Russell 2000 Index (ETF) (NYSEARCA:IWM)’s investment adviser.
The current markets are extremely volatile, more uncertain & very complex than they ever were before. Investing in the current market landscape is an active and dynamic process and most of the old investing methods don’t working any more. IShares delivers various quality products that can help investors navigate these choppy investing waters.