Ishares stock has been rising since 2003

Ishares (EWS) is a company that is involved in exchange traded funds (ETF's). Basically they are index funds that are traded like stocks. Each individual share represents a proportion of ownership in every stock that makes up an index. It is a good way to diversify a portfolio without having to go out and buy each individual stock. When you buy one share you are not investing in just one company You in effect become part owner of up to 50 seperate companies. How these companies do overall determines if the shares rise or fall in value.
In early 2003 one share of Ishares was trading for about $4 a share. It was down from a high of almost $10 a share in the summer of 1999. Since that time it has been steadily rising and has recovered its earlier losses and now as of December 4th 2007 sits at $14.35 a share. It's value has more than tripled in four years. Exchange traded funds and index funds are a good way to reduce your risk when you invest. Your not just tied into the fortunes of just one company but a whole bunch of them. The idea is that You dont have all your eggs in one basket.