Worth Asset Management LLC Acquires New Stake in iShares Russell 2000 ETF $IWM

Worth Asset Management LLC acquired a new position in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) in the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 5,275 shares of the exchange traded fund’s stock, valued at approximately $1,308,000.

Several other hedge funds also recently made changes to their positions in the company. Bank of America Corp DE raised its stake in shares of iShares Russell 2000 ETF by 633.5% during the 4th quarter. Bank of America Corp DE now owns 43,751,735 shares of the exchange traded fund’s stock worth $10,769,927,000 after buying an additional 51,952,453 shares in the last quarter. Rafferty Asset Management LLC boosted its stake in shares of 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 buying an additional 648,801 shares in the last quarter. Northern Trust Corp boosted its stake in shares of iShares Russell 2000 ETF by 3.2% in the fourth quarter. Northern Trust Corp now owns 4,252,572 shares of the exchange traded fund’s stock valued at $1,046,813,000 after buying an additional 130,667 shares in the last quarter. HRT Financial LP grew its holdings in iShares Russell 2000 ETF by 112.9% during the fourth quarter. HRT Financial LP now owns 4,119,165 shares of the exchange traded fund’s stock worth $1,013,973,000 after acquiring an additional 2,184,265 shares during the period. Finally, Durable Capital Partners LP grew its holdings in iShares Russell 2000 ETF by 105.5% during the second quarter. Durable Capital Partners LP now owns 2,596,668 shares of the exchange traded fund’s stock worth $560,335,000 after acquiring an additional 1,333,316 shares during the period.

iShares Russell 2000 ETF Stock Performance

NYSEARCA:IWM opened at $298.18 on Tuesday. The stock has a fifty day moving average price of $282.55 and a two-hundred day moving average price of $265.45. The stock has a market capitalization of $82.80 billion, a price-to-earnings ratio of 17.69 and a beta of 1.11. iShares Russell 2000 ETF has a 1 year low of $206.81 and a 1 year high of $299.49.

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