Barings LLC purchased a new position in shares of iShares Russell 2000 ETF (NYSEARCA:IWM – Free Report) during the first quarter, Holdings Channel.com reports. The institutional investor purchased 34,127 shares of the exchange traded fund’s stock, valued at approximately $8,463,000.
Several other institutional investors and hedge funds have also recently bought and sold shares of IWM. Bank of America Corp DE raised its stake in shares of iShares Russell 2000 ETF by 633.5% in the 4th quarter. Bank of America Corp DE now owns 43,751,735 shares of the exchange traded fund’s stock valued at $10,769,927,000 after buying an additional 51,952,453 shares in the last quarter. Rafferty Asset Management LLC boosted its position in shares of iShares Russell 2000 ETF by 10.6% during the 2nd 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 in the last quarter. Northern Trust Corp increased its stake in 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 acquiring an additional 130,667 shares during the period. HRT Financial LP increased its stake in iShares Russell 2000 ETF by 112.9% in the fourth quarter. HRT Financial LP now owns 4,119,165 shares of the exchange traded fund’s stock valued at $1,013,973,000 after acquiring an additional 2,184,265 shares during the period. Finally, Durable Capital Partners LP raised its position 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 worth $560,335,000 after purchasing an additional 1,333,316 shares in the last quarter.
iShares Russell 2000 ETF Stock Down 0.1%
Shares of IWM opened at $295.59 on Friday. The stock has a market cap of $83.28 billion, a price-to-earnings ratio of 17.69 and a beta of 1.10. iShares Russell 2000 ETF has a 12 month low of $212.34 and a 12 month high of $302.72. The company has a 50-day moving average price of $290.60 and a two-hundred day moving average price of $271.18.
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.
Further Reading
- Five stocks we like better than iShares Russell 2000 ETF
- Why Abbott Laboratories Stock Is Suddenly Winning Back Wall Street
- Revving Up Returns: Big Banks Race Through the Rate Plateau
- Why Uber’s Biggest Deal Yet Could Unlock Its Next Growth Phase
- Why Microsoft Is Playing a Different AI Game Than Big Tech—and Cash Flow Is the Test
Want to see what other hedge funds are holding IWM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Russell 2000 ETF (NYSEARCA:IWM – Free Report).
Receive News & Ratings for iShares Russell 2000 ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Russell 2000 ETF and related companies with MarketBeat.com's FREE daily email newsletter.
