iShares Russell 2000 ETF (NYSEARCA:IWM) Stock Position Boosted by 59 North Capital Management LP

59 North Capital Management LP lifted its holdings in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 84.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 833,096 shares of the exchange traded fund’s stock after acquiring an additional 381,322 shares during the quarter. iShares Russell 2000 ETF accounts for about 8.6% of 59 North Capital Management LP’s investment portfolio, making the stock its 5th biggest position. 59 North Capital Management LP owned approximately 0.26% of iShares Russell 2000 ETF worth $184,081,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in IWM. Field & Main Bank bought a new stake in iShares Russell 2000 ETF during the fourth quarter worth approximately $27,000. Atala Financial Inc acquired a new position in shares of iShares Russell 2000 ETF in the 4th quarter valued at about $27,000. Insight Inv LLC acquired a new stake in shares of iShares Russell 2000 ETF during the 4th quarter valued at $30,000. Conquis Financial LLC purchased a new position in iShares Russell 2000 ETF in the fourth quarter valued at about $30,000. Finally, Financial Management Professionals Inc. bought a new position in iShares Russell 2000 ETF during the fourth quarter valued at approximately $32,000.

iShares Russell 2000 ETF Stock Performance

IWM opened at $196.07 on Friday. iShares Russell 2000 ETF has a twelve month low of $171.73 and a twelve month high of $244.98. The business has a 50 day moving average price of $197.13 and a 200 day moving average price of $217.18. The firm has a market cap of $61.39 billion, a P/E ratio of 15.40 and a beta of 1.12.

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.