iShares Russell Mid-Cap Growth ETF IWP NYSE

iShares Russell Mid-Cap Growth ETF (IWP) is designed to track the performance of mid-capitalization growth companies in the U.S. equity market as defined by the Russell index methodology. The fund invests at least 80% of its assets in the underlying index's component securities and economically identical investments, while maintaining flexibility to allocate up to 20% of assets to derivatives, futures, options, swap contracts, and cash equivalents for portfolio management purposes. This investment approach provides investors with broad exposure to the mid-cap growth sector of the American stock market.