Redwood Investment Management LLC grew its holdings in iShares Russell 2000 ETF (NYSEARCA:IWM – Free Report) by 12.6% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 34,019 shares of the exchange traded fund’s stock after buying an additional 3,807 shares during the period. iShares Russell 2000 ETF accounts for about 1.0% of Redwood Investment Management LLC’s portfolio, making the stock its 18th biggest holding. Redwood Investment Management LLC’s holdings in iShares Russell 2000 ETF were worth $8,437,000 at the end of the most recent quarter.
A number of other hedge funds also recently modified their holdings of the stock. Acumen Wealth Advisors LLC acquired a new position in iShares Russell 2000 ETF in the 4th quarter valued at about $27,000. Measured Wealth Private Client Group LLC bought a new position in iShares Russell 2000 ETF in the 3rd quarter valued at about $28,000. Osbon Capital Management LLC acquired a new stake in iShares Russell 2000 ETF during the fourth quarter worth approximately $31,000. Columbia Asset Management acquired a new stake in iShares Russell 2000 ETF during the fourth quarter worth approximately $32,000. Finally, Tucker Asset Management LLC bought a new stake in shares of iShares Russell 2000 ETF during the fourth quarter worth approximately $32,000.
iShares Russell 2000 ETF Price Performance
Shares of NYSEARCA:IWM opened at $291.20 on Monday. iShares Russell 2000 ETF has a 12-month low of $212.34 and a 12-month high of $302.72. The business has a 50 day moving average of $293.11 and a 200-day moving average of $274.24. The stock has a market cap of $80.71 billion, a PE ratio of 17.69 and a beta of 1.10.
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. 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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