New Capital Management LP acquired a new stake in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 301 shares of the exchange traded fund’s stock, valued at approximately $46,000.
A number of other hedge funds have also modified their holdings of IWM. Signet Investment Advisory Group Inc. acquired a new stake in iShares Russell 2000 ETF in the fourth quarter valued at approximately $27,000. Westside Investment Management Inc. acquired a new stake in iShares Russell 2000 ETF in the fourth quarter valued at approximately $27,000. Tradewinds Capital Management LLC boosted its stake in iShares Russell 2000 ETF by 187.5% in the fourth quarter. Tradewinds Capital Management LLC now owns 230 shares of the exchange traded fund’s stock valued at $31,000 after acquiring an additional 150 shares in the last quarter. Pacific Center for Financial Services acquired a new stake in iShares Russell 2000 ETF in the fourth quarter valued at approximately $33,000. Finally, Truvestments Capital LLC acquired a new stake in iShares Russell 2000 ETF in the first quarter valued at approximately $37,000.
Shares of IWM opened at $155.64 on Friday. iShares Russell 2000 ETF has a twelve month low of $125.81 and a twelve month high of $173.39.
The company also recently announced a quarterly dividend, which was paid on Tuesday, March 26th. Shareholders of record on Thursday, March 21st were paid a $0.4121 dividend. The ex-dividend date of this dividend was Wednesday, March 20th. This represents a $1.65 annualized dividend and a yield of 1.06%.
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About iShares Russell 2000 ETF
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.
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