New Perspectives Inc raised its stake in iShares Russell 2000 ETF (NYSEARCA:IWM – Free Report) by 3.7% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 62,586 shares of the exchange traded fund’s stock after buying an additional 2,232 shares during the quarter. iShares Russell 2000 ETF comprises about 5.4% of New Perspectives Inc’s portfolio, making the stock its 7th biggest holding. New Perspectives Inc’s holdings in iShares Russell 2000 ETF were worth $15,521,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other hedge funds also recently bought and sold shares of the stock. Bank of America Corp DE boosted its stake in shares of iShares Russell 2000 ETF by 633.5% in the fourth quarter. Bank of America Corp DE now owns 43,751,735 shares of the exchange traded fund’s stock valued at $10,769,927,000 after purchasing an additional 51,952,453 shares during the period. Rafferty Asset Management LLC boosted its position in iShares Russell 2000 ETF by 10.6% in the 2nd 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 buying an additional 648,801 shares during the period. Northern Trust Corp grew its stake in shares of iShares Russell 2000 ETF by 3.2% in the fourth quarter. Northern Trust Corp now owns 4,252,572 shares of the exchange traded fund’s stock worth $1,046,813,000 after acquiring an additional 130,667 shares in the last quarter. HRT Financial LP increased its position in shares of iShares Russell 2000 ETF by 112.9% during the fourth quarter. HRT Financial LP now owns 4,119,165 shares of the exchange traded fund’s stock worth $1,013,973,000 after acquiring an additional 2,184,265 shares during the period. Finally, Durable Capital Partners LP increased its position 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 worth $560,335,000 after acquiring an additional 1,333,316 shares during the period.
iShares Russell 2000 ETF Price Performance
Shares of NYSEARCA IWM opened at $298.91 on Friday. The stock’s 50-day moving average is $284.47 and its two-hundred day moving average is $266.42. iShares Russell 2000 ETF has a 1-year low of $212.34 and a 1-year high of $301.50. The company has a market cap of $83.01 billion, a price-to-earnings ratio of 17.69 and a beta of 1.11.
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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