iShares Russell 1000 Pure U.S. Revenue ETF (AMCA)
iShares Russell 1000 Pure U.S. Revenue ETF operates in the Asset Management industry of the Financial Services sector, headquartered in San Francisco, CA, US. The stock last traded at $37.55, down 0.09% on the session, giving a market capitalisation of $3.7M. Its beta of 0.98 implies it has historically moved less than the broad market.
The primary objective of this fund is to mirror the performance of the Russell 1000 Pure Domestic Exposure Index. A minimum of 80% of its total assets are allocated to the constituent securities of this underlying index or to investments that share substantially identical economic characteristics. The remaining portion, up to 20% of assets, may be deployed in financial derivatives like futures, options, and swap contracts, as well as cash and cash equivalents. This benchmark index consists of U.S.-based companies that demonstrate a significantly higher proportion of their total revenue generated from domestic sales, relative to other large and mid-capitalization U.S. equities.
iShares Russell 1000 Pure U.S. Revenue ETF is most often compared with the following Financial Services names: