iShares Russell 2000 ETF

The iShares Russell 2000 ETF is an exchange-traded fund offered under BlackRock's iShares brand that targets the stocks of small US companies. According to the issuer, the fund aims to track the Russell 2000 Index and is bought and sold on NYSE Arca under the ticker IWM.

The Russell 2000 represents the small-cap segment that follows the large companies within FTSE Russell's broad US equity universe; it includes companies from many different fields, such as regional banks, industrial companies, biotech firms and consumer brands. IWM is an index fund that tries to reflect the index's performance by holding the index stocks in its portfolio; in this way, the investor owns a basket spread across hundreds of small companies through a single trade.

Because small companies can be more sensitive than large ones to credit conditions and the course of the domestic US economy, interest rate decisions and growth data can be decisive for the direction of this fund. Since the ETF trades on the exchange throughout the day, its price may at times deviate from the fund's net asset value (NAV). The IWM page on Lzzo.com brings together the price in US dollars, the option to convert into Turkish lira, euros and pounds sterling, a historical price chart, technical indicators, and the source of the data along with the time it was updated.