A second group of iShares ETFs made the move from the American Stock Exchange to the NYSE Arca exchange, a subsidiary of the NYSE Group, on October 20. Barclays Global Investors (BGI) plans to transfer 26 more of its iShares funds to the NYSE Arca by the end of 2007.
The three big U.S. stock exchanges have been locked in a long-standing battle for primary ETF listings. With almost 200 listed ETFs, the American Stock Exchange is still in the lead — at least, for now.
Among the 15 funds affected by the move are nine Russell domestic funds, five single-country funds, and a single pan-European equity fund. Fund ticker symbols remain the same and current shareholders do not need to take any action whatsoever.
The 15 iShares funds that made the switch are:
o iShares Russell 1000 Index Fund (IWB)
o iShares Russell 1000 Growth Index Fund (IWF)
o iShares Russell 1000 Value Index Fund (IWD)
o iShares Russell 2000 Index Fund (IWM)
o iShares Russell 2000 Growth Index Fund (IWO)
o iShares Russell 2000 Value Index Fund (IWN)