Rovida Investment Management Ltd Takes $19.89 Million Position in iShares Russell 2000 ETF (NYSEARCA:IWM)

Rovida Investment Management Ltd bought a new position in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 90,000 shares of the exchange traded fund’s stock, valued at approximately $19,886,000. iShares Russell 2000 ETF comprises approximately 6.2% of Rovida Investment Management Ltd’s investment portfolio, making the stock its 4th largest holding.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Amundi raised its stake in shares of iShares Russell 2000 ETF by 1,894.7% during the 4th quarter. Amundi now owns 1,895 shares of the exchange traded fund’s stock valued at $420,000 after buying an additional 1,800 shares during the last quarter. Newbridge Financial Services Group Inc. purchased a new position in iShares Russell 2000 ETF during the fourth quarter valued at approximately $505,000. Ritholtz Wealth Management raised its position in iShares Russell 2000 ETF by 7.7% during the fourth quarter. Ritholtz Wealth Management now owns 2,276 shares of the exchange traded fund’s stock valued at $503,000 after acquiring an additional 162 shares in the last quarter. Pinnacle Wealth Management Advisory Group LLC lifted its holdings in iShares Russell 2000 ETF by 0.6% in the fourth quarter. Pinnacle Wealth Management Advisory Group LLC now owns 56,314 shares of the exchange traded fund’s stock valued at $12,443,000 after acquiring an additional 339 shares during the period. Finally, Legacy Trust boosted its position in iShares Russell 2000 ETF by 1.0% in the 4th quarter. Legacy Trust now owns 30,400 shares of the exchange traded fund’s stock worth $6,717,000 after purchasing an additional 295 shares in the last quarter.

iShares Russell 2000 ETF Price Performance

IWM opened at $208.86 on Tuesday. The firm has a fifty day moving average price of $218.01 and a 200 day moving average price of $222.76. iShares Russell 2000 ETF has a 1 year low of $191.34 and a 1 year high of $244.98. The stock has a market cap of $67.50 billion, a P/E ratio of 16.20 and a beta of 1.19.

iShares Russell 2000 ETF Company Profile

iShares Russell 2000 ETF (the Fund) is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the Russell 2000 Index (the Index). The Index is a float-adjusted capitalization weighted index that measures the performance of the small-capitalization sector of the United States equity market and includes securities issued by the approximately 2,000 smallest issuers in the Russell 3000 Index.