IWP

The iShares Russell Mid‑Cap Growth ETF (IWP) provides exposure to U.S. mid‑cap companies that exhibit growth characteristics, with holdings concentrated in sectors such as information technology, industrials, health care and consumer discretionary, and virtually all assets invested in U.S. equities. The fund follows a passive, representative‑sampling approach to track the Russell Mid‑Cap Growth Index, aiming to replicate the index’s performance before fees by holding a broad basket of roughly 250‑300 stocks. This structure gives investors a diversified way to capture the growth potential of mid‑cap firms, making it suitable for long‑term investors or portfolio builders who want to add U.S. growth‑oriented exposure beyond large‑cap stocks while maintaining a relatively concentrated equity focus.