Prescott Group Capital Management L.L.C. Acquires Shares of 9,870 iShares Russell 2000 ETF $IWM

Prescott Group Capital Management L.L.C. acquired a new stake in iShares Russell 2000 ETF (NYSEARCA:IWM) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 9,870 shares of the exchange traded fund’s stock, valued at approximately $2,430,000.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Rafferty Asset Management LLC grew its stake in iShares Russell 2000 ETF by 10.6% in the second quarter. Rafferty Asset Management LLC now owns 6,747,829 shares of the exchange traded fund’s stock valued at $1,456,114,000 after acquiring an additional 648,801 shares during the period. Durable Capital Partners LP grew its stake in iShares Russell 2000 ETF by 105.5% in the second quarter. Durable Capital Partners LP now owns 2,596,668 shares of the exchange traded fund’s stock valued at $560,335,000 after acquiring an additional 1,333,316 shares during the period. Envestnet Asset Management Inc. boosted its position in shares of iShares Russell 2000 ETF by 25.5% during the third quarter. Envestnet Asset Management Inc. now owns 1,967,246 shares of the exchange traded fund’s stock valued at $475,995,000 after buying an additional 400,017 shares during the last quarter. IMC Chicago LLC boosted its position in shares of iShares Russell 2000 ETF by 344.2% during the fourth quarter. IMC Chicago LLC now owns 1,585,486 shares of the exchange traded fund’s stock valued at $390,283,000 after buying an additional 1,228,526 shares during the last quarter. Finally, Varma Mutual Pension Insurance Co boosted its position in shares of iShares Russell 2000 ETF by 926.9% during the third quarter. Varma Mutual Pension Insurance Co now owns 1,458,061 shares of the exchange traded fund’s stock valued at $352,792,000 after buying an additional 1,316,074 shares during the last quarter.

iShares Russell 2000 ETF Stock Up 2.5%

Shares of NYSEARCA:IWM opened at $279.87 on Thursday. The stock has a market cap of $77.72 billion, a price-to-earnings ratio of 17.69 and a beta of 1.11. iShares Russell 2000 ETF has a 12-month low of $199.65 and a 12-month high of $287.58. The business’s 50 day moving average is $264.20 and its 200 day moving average is $257.64.

iShares Russell 2000 ETF 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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.