Ferguson Wellman Capital Management Inc. Purchases Shares of 270,000 iShares Russell 2000 ETF $IWM

Ferguson Wellman Capital Management Inc. acquired a new stake in iShares Russell 2000 ETF (NYSEARCA:IWM) during the 1st quarter, Holdings Channel.com reports. The fund acquired 270,000 shares of the exchange traded fund’s stock, valued at approximately $66,960,000.

Other hedge funds also recently modified their holdings of the company. Bank of America Corp DE boosted its holdings 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 during the period. Rafferty Asset Management LLC raised its holdings in iShares Russell 2000 ETF by 10.6% in 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 during the period. Northern Trust Corp lifted its position in iShares Russell 2000 ETF by 3.2% during the fourth quarter. Northern Trust Corp now owns 4,252,572 shares of the exchange traded fund’s stock worth $1,046,813,000 after acquiring an additional 130,667 shares during the last quarter. HRT Financial LP lifted its position 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 last quarter. Finally, Durable Capital Partners LP boosted its holdings in shares of 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 Down 0.4%

Shares of iShares Russell 2000 ETF stock traded down $1.25 on Friday, hitting $295.99. The stock had a trading volume of 15,882,220 shares, compared to its average volume of 35,758,820. iShares Russell 2000 ETF has a twelve month low of $212.34 and a twelve month high of $302.72. The business’s 50 day moving average is $289.60 and its two-hundred day moving average is $269.86. The stock has a market cap of $82.29 billion, a price-to-earnings ratio of 17.69 and a beta of 1.10.

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.