J.Safra Asset Management Corp purchased a new stake in iShares Russell 2000 ETF (NYSEARCA:IWM – Free Report) in the 4th quarter, HoldingsChannel.com reports. The firm purchased 14,669 shares of the exchange traded fund’s stock, valued at approximately $3,611,000.
Other hedge funds and other institutional investors have also recently modified their holdings of the company. Rafferty Asset Management LLC raised its stake in iShares Russell 2000 ETF by 10.6% in the second quarter. Rafferty Asset Management LLC now owns 6,747,829 shares of the exchange traded fund’s stock worth $1,456,114,000 after buying an additional 648,801 shares in the last quarter. Durable Capital Partners LP increased its holdings in shares of iShares Russell 2000 ETF by 105.5% in the 2nd 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. Cibc World Market Inc. increased its holdings in shares of iShares Russell 2000 ETF by 36.4% in the 4th quarter. Cibc World Market Inc. now owns 1,869,465 shares of the exchange traded fund’s stock valued at $460,188,000 after acquiring an additional 499,263 shares during the period. IMC Chicago LLC raised its position in shares of iShares Russell 2000 ETF by 344.2% in the 4th quarter. IMC Chicago LLC now owns 1,585,486 shares of the exchange traded fund’s stock worth $390,283,000 after acquiring an additional 1,228,526 shares in the last quarter. Finally, Varma Mutual Pension Insurance Co lifted its stake in shares of iShares Russell 2000 ETF by 926.9% during the 3rd quarter. Varma Mutual Pension Insurance Co now owns 1,458,061 shares of the exchange traded fund’s stock worth $352,792,000 after purchasing an additional 1,316,074 shares during the last quarter.
iShares Russell 2000 ETF Price Performance
IWM opened at $282.05 on Thursday. The firm has a market capitalization of $78.33 billion, a PE ratio of 17.69 and a beta of 1.11. The business’s 50-day moving average is $276.12 and its two-hundred day moving average is $262.67. iShares Russell 2000 ETF has a 1 year low of $206.81 and a 1 year high of $292.88.
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.
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