Tandem Financial LLC lessened its holdings in iShares Russell 2000 ETF (NYSEARCA:IWM – Free Report) by 67.4% in the fourth quarter, HoldingsChannel.com reports. The firm owned 4,608 shares of the exchange traded fund’s stock after selling 9,534 shares during the period. iShares Russell 2000 ETF accounts for approximately 1.1% of Tandem Financial LLC’s investment portfolio, making the stock its 19th biggest holding. Tandem Financial LLC’s holdings in iShares Russell 2000 ETF were worth $1,134,000 at the end of the most recent reporting period.
Other hedge funds have also recently added to or reduced their stakes in the company. Rafferty Asset Management LLC boosted its holdings in shares of iShares Russell 2000 ETF by 10.6% during 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 acquiring an additional 648,801 shares during the period. 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 valued at $560,335,000 after acquiring an additional 1,333,316 shares during the period. Envestnet Asset Management Inc. boosted its holdings in shares of iShares Russell 2000 ETF by 25.5% during the third quarter. Envestnet Asset Management Inc. now owns 1,967,246 shares of the exchange traded fund’s stock valued at $475,995,000 after acquiring an additional 400,017 shares during the period. IMC Chicago LLC boosted its holdings in shares of iShares Russell 2000 ETF by 344.2% during the fourth quarter. IMC Chicago LLC now owns 1,585,486 shares of the exchange traded fund’s stock valued at $390,283,000 after acquiring an additional 1,228,526 shares during the period. Finally, Varma Mutual Pension Insurance Co boosted its holdings in shares of iShares Russell 2000 ETF by 926.9% during the third quarter. Varma Mutual Pension Insurance Co now owns 1,458,061 shares of the exchange traded fund’s stock valued at $352,792,000 after acquiring an additional 1,316,074 shares during the period.
iShares Russell 2000 ETF Stock Performance
Shares of IWM opened at $288.98 on Tuesday. iShares Russell 2000 ETF has a 1 year low of $202.67 and a 1 year high of $292.74. The company has a market cap of $80.25 billion, a price-to-earnings ratio of 17.69 and a beta of 1.11. The firm has a fifty day moving average of $270.45 and a 200-day moving average of $260.15.
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.
Read More
- Five stocks we like better than iShares Russell 2000 ETF
- Why These Three Big Buybacks Are Sending Very Different Signals to Investors
- Drone Stocks Soar As Pentagon Considers Funding, Including a Trump-Linked Name
- Braze Blazes Ahead on Q1 2027 Earnings Beat, Raised Guidance
- Are the 3 Newest Members of the $1 Trillion Market Cap Club the Latest Sign of an AI Bubble?
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.
