iShares Russell 2000 ETF $IWM Stock: Fifth Third Bancorp Cuts Holdings

Fifth Third Bancorp lowered its stake in shares of iShares Russell 2000 ETF (NYSEARCA:IWM – Free Report) by 6.6% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 880,448 shares of the exchange traded fund’s stock after selling 61,851 shares during the quarter. Fifth Third Bancorp’s holdings in iShares Russell 2000 ETF were worth $244,668,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. AIA Group Ltd boosted its stake in iShares Russell 2000 ETF by 181.5% in the 1st quarter. AIA Group Ltd now owns 1,864,118 shares of the exchange traded fund’s stock worth $462,301,000 after purchasing an additional 1,201,808 shares in the last quarter. Wolfstich Capital LLC increased its stake in iShares Russell 2000 ETF by 44,992.3% during the 3rd quarter. Wolfstich Capital LLC now owns 542,460 shares of the exchange traded fund’s stock valued at $150,744,000 after purchasing an additional 541,257 shares in the last quarter. USA Financial Formulas increased its stake in iShares Russell 2000 ETF by 15,520.1% during the 1st quarter. USA Financial Formulas now owns 435,956 shares of the exchange traded fund’s stock valued at $108,117,000 after purchasing an additional 433,165 shares in the last quarter. PNC Financial Services Group Inc. raised its holdings in shares of iShares Russell 2000 ETF by 6.6% in the first quarter. PNC Financial Services Group Inc. now owns 3,187,467 shares of the exchange traded fund’s stock worth $790,492,000 after buying an additional 197,189 shares during the last quarter. Finally, Modern Wealth Management LLC raised its holdings in shares of iShares Russell 2000 ETF by 2,314.3% in the first quarter. Modern Wealth Management LLC now owns 205,625 shares of the exchange traded fund’s stock worth $51,316,000 after buying an additional 197,108 shares during the last quarter.

iShares Russell 2000 ETF Trading Up 0.9%

NYSEARCA IWM opened at $283.09 on Thursday. iShares Russell 2000 ETF has a 12-month low of $228.90 and a 12-month high of $305.18. The company has a fifty day simple moving average of $281.43 and a two-hundred day simple moving average of $279.12. The stock has a market cap of $78.06 billion, a P/E ratio of 16.06 and a beta of 1.14.

About iShares Russell 2000 ETF

(Free Report)

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.

Featured Articles

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).

Institutional Ownership by Quarter for iShares Russell 2000 ETF (NYSEARCA:IWM)

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.