Compass Financial Management LLC purchased a new stake in iShares Russell 2000 ETF (NYSEARCA:IWM – Free Report) during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 6,030 shares of the exchange traded fund’s stock, valued at approximately $1,819,000.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Bank of America Corp DE increased its holdings in shares of iShares Russell 2000 ETF by 633.5% during the fourth quarter. Bank of America Corp DE now owns 43,751,735 shares of the exchange traded fund’s stock worth $10,769,927,000 after buying an additional 51,952,453 shares in the last quarter. Rafferty Asset Management LLC boosted its holdings in shares of 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 worth $1,456,114,000 after acquiring an additional 648,801 shares in the last quarter. Northern Trust Corp boosted its holdings in shares of iShares Russell 2000 ETF by 3.2% in the 4th 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 grew its position in iShares Russell 2000 ETF by 112.9% during the 4th 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 last quarter. Finally, PNC Financial Services Group Inc. grew its position in iShares Russell 2000 ETF by 6.6% during the 1st quarter. PNC Financial Services Group Inc. now owns 3,187,467 shares of the exchange traded fund’s stock worth $790,492,000 after acquiring an additional 197,189 shares during the last quarter.
iShares Russell 2000 ETF Price Performance
IWM stock opened at $299.96 on Friday. The business has a fifty day moving average price of $296.88 and a 200 day moving average price of $278.00. iShares Russell 2000 ETF has a fifty-two week low of $227.18 and a fifty-two week high of $305.18. The stock has a market capitalization of $82.56 billion, a price-to-earnings ratio of 17.69 and a beta of 1.11.
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.
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