Trisha Shetty (Editor)

IShares Russell 1000

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iShares Russell 1000 Index Fund is an exchange-traded fund of US stocks.

Contents

The ticker is IWB.

The fund tracks the Russell 1000 index.

IWB was commenced on May 15, 2000; there are also the more popular IShares Russell 1000 Value Index (NYSE: IWD) (about $7 bn AUM as of early 2009) and IShares Russell 1000 Growth Index (NYSE: IWF) (about $9 bn AUM as of early 2009), and the IShares Russell 2000 Index (NYSE: IWM) ETF, all of which were commenced on May 22, 2000.

Competition

The two funds based on subindexes, iShares Russell 1000 Growth (NYSE Arca: IWF) and iShares Russell 1000 Value (NYSE Arca: IWD), are bigger than the iShares Russell 1000 fund. iShares Russell 1000 competes with funds based on the S&P 500, such as the SPDR S&P 500.

Holdings

Top ten holdings:

  • Exxon Mobil Corp. (XOM)
  • Apple Inc. (AAPL)
  • Microsoft Corporation (MSFT)
  • International Business Machines (IBM)
  • Procter & Gamble Company (PG)
  • Wells Fargo & Company (WFC)
  • Pfizer Inc. (PFE)
  • Johnson & Johnson (JNJ)
  • General Electric Co. (GE)
  • Bank of America Corporation (BAC)
  • (as of November 2010)

    References

    IShares Russell 1000 Wikipedia