October 9, 2009 (FinancialWire) — As of yesterday’s close, the iShares Russell Microcap ETF (NYSE: IWC) and the iShares Russell 2000 ETF (NYSE: IWM) are outperforming the SPDR Trust ETF (NYSE: SPY) by about three percent, in terms of overall 50-day gain-loss percentage comparisons. The Russell Microcap leads all three ETFs marking an overall 11.17% ($3.95 per share) 50-day gain, followed by the Russell 2000 ETF marking an overall 10.97% ($6.00 per share) 50-day gain, followed by the SPDR Trust’s overall 7.74% ($7.60 per share) 50-day gain.

The Russell Microcap ETF closed at $39.57 per share on volume of 108,400 shares yesterday, which was $2.15 (5.78%) above its 50-day $37.16 per share average and 11,650 shares (8.02%) above its 50-day 145,350 share average volume. On the day, the Russell Microcap’s $39.57 close was up $0.26 (+0.66%) from the previous session. Intra-day yesterday, the Russell Microcap fund traded in a range of $0.46 (1.17%), from a high of +$0.69 (+1.75%) to a low of +$0.23 (+0.58%).

The Russell 2000 ETF closed at $60.71 per share on volume of 48,971,800 shares yesterday, which was $2.42 (4.15%) above its 50-day $58.29 per share average and 3,314,720 shares (7.26%) above its 50-day 45,657,080 share average volume. On the day, the Russell Smallcap’s $60.71 close was up $0.55 (+0.91%) from the previous session. Intra-day yesterday, the Russell 2000 fund traded in a range of $0.94 (1.56%), from a high of +$1.15 (+1.91%) to a low of +$0.21 (+0.35%).

The SPDR Trust ETF closed at $106.61 per share on volume of 183,180,700 shares yesterday, which was $7.25 (7.35%) above its 50-day $98.55 per share average and 20,020,606 shares (11.17%) below its 50-day 179,220,906 share average volume. On the day, the SPDR Trust’s $106.61 close was up $0.81 (+0.77%) from the previous session. Intra-day yesterday, the SPDR Trust fund traded in a range of $1.32 (1.25%), from a high of +$1.37 (+1.29%) to a low of +$0.05 (+0.05%).

About The ETFs:

The iShares Russell 2000 ETF invests in approximately 2000 of the smallest capitalization-weighted companies in the Russell 3000 index, yielding investment results that correspond generally to the price and yield performance of the Russell 2000 Index, investing in at least 90% of assets in the securities of the underlying index. It uses a representative sampling strategy to track the Russell 2000 Index, which measures the performance of the small-capitalization sector of the US equity broad market.

The iShares Russell Microcap ETF investment results correspond generally to the price and yield performance of the Russell Microcap index, investing at least 90% of assets in the securities of that underlying index. The ETF uses a representative sampling strategy to track the Russell Microcap Index. The index, itself, is capitalization-weighted and includes companies ranging in total market capitalization from approximately $50 million to $550 million, which represents approximately 3% of the market capitalization of listed U.S. equity securities.

The SPDR Trust is an exchange-traded fund that holds all of the S&P 500 Index stocks, and corresponds generally to the price and yield performance of the S&P 500 Index. It is comprised of undivided ownership interests called SPDRs. The fund issues and redeems SPDRs in multiples of 50,000 SPDRs in exchange for S&P 500 Index stocks and cash.

FinancialWire(tm) is a fully independent, proprietary news wire service. FinancialWire(tm) is not a press release service, and receives no compensation for its news, opinions or distributions. Further disclosure is at the FinancialWire(tm) web site (http://www.financialwire.net/disclosures.php).  Contact FinancialWire(tm) directly via inquiries@financialwire.net.

Free annual reports for ETF component companies are available through the Free Annual Reports Service (http://investrend.ar.wilink.com/?level=279).

Legal Disclaimer:

EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.