iShares

(redirected from IShares Russell Midcap Index Fund)

iShares

A family of exchange-traded funds that tracks various stock or bond markets. iShares can be traded like stocks or other securities and operate much like mutual funds but without any net asset value. The largest issuer of exchange-traded funds, iShare funds are traded on several stock exchanges globally.

iShares

Exchange-traded funds with portfolios based on a series of stock indexes including the S&P indexes, the Dow Jones indexes, and the Russell indexes. iShares are also available for MSCI foreign indexes. Shares of each fund represent proportional ownership of individual stocks that make up the index on which the fund is based. iShares were developed by Barclays Global Investors and are mostly traded on the American Stock Exchange.
References in periodicals archive ?
Barclays Global Investors (BGI) announces that the iShares Russell Midcap Index Fund (ticker:IWR), iShares Russell Midcap Growth Index Fund (ticker:IWP), and iShares Russell Midcap Value Index Fund (ticker:IWS) will begin trading on the American Stock Exchange today.
With the addition of the iShares Russell Midcap Index Funds, individuals, financial professionals and institutions can now target a portion of the Russell 1000(R) Index's market capitalization, enhancing their asset allocation and portfolio management opportunities," said Brad Zigler of BGI's Individual Investor Business.