Corundum Group Inc. raised its position in shares of iShares Russell 2000 Index (NYSE:IWM) by 17.7% during the second quarter, Holdings Channel reports. The firm owned 3,356 shares of the exchange traded fund’s stock after buying an additional 505 shares during the period. iShares Russell 2000 Index comprises 1.0% of Corundum Group Inc.’s holdings, making the stock its 11th largest position. Corundum Group Inc.’s holdings in iShares Russell 2000 Index were worth $473,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Personal Capital Advisors Corp raised its position in iShares Russell 2000 Index by 75.8% in the second quarter. Personal Capital Advisors Corp now owns 1,278,067 shares of the exchange traded fund’s stock worth $180,105,000 after buying an additional 551,085 shares during the period. Meridian Wealth Management LLC raised its position in iShares Russell 2000 Index by 3.6% in the second quarter. Meridian Wealth Management LLC now owns 1,773 shares of the exchange traded fund’s stock worth $250,000 after buying an additional 62 shares during the period. FineMark National Bank & Trust raised its position in iShares Russell 2000 Index by 14.5% in the second quarter. FineMark National Bank & Trust now owns 283,232 shares of the exchange traded fund’s stock worth $39,913,000 after buying an additional 35,873 shares during the period. MCF Advisors LLC raised its position in iShares Russell 2000 Index by 4.0% in the second quarter. MCF Advisors LLC now owns 126,811 shares of the exchange traded fund’s stock worth $17,870,000 after buying an additional 4,900 shares during the period. Finally, Gamble Jones Investment Counsel raised its position in iShares Russell 2000 Index by 12.0% in the second quarter. Gamble Jones Investment Counsel now owns 5,363 shares of the exchange traded fund’s stock worth $756,000 after buying an additional 575 shares during the period.

iShares Russell 2000 Index (IWM) opened at 136.27 on Friday. The company has a 50 day moving average of $141.13 and a 200-day moving average of $138.45. iShares Russell 2000 Index has a 12-month low of $114.88 and a 12-month high of $144.25.

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, July 12th. Investors of record on Monday, July 10th were paid a $0.6091 dividend. This is an increase from iShares Russell 2000 Index’s previous quarterly dividend of $0.39. This represents a $2.44 annualized dividend and a yield of 1.79%. The ex-dividend date of this dividend was Thursday, July 6th.

COPYRIGHT VIOLATION WARNING: “Corundum Group Inc. Acquires 505 Shares of iShares Russell 2000 Index (NYSE:IWM)” was first posted by Daily Political and is the property of of Daily Political. If you are accessing this story on another publication, it was illegally copied and reposted in violation of US and international trademark & copyright law. The legal version of this story can be read at https://www.dailypolitical.com/2017/08/11/corundum-group-inc-acquires-505-shares-of-ishares-russell-2000-index-nyseiwm.html.

iShares Russell 2000 Index 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.

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 Index (NYSE:IWM).

Institutional Ownership by Quarter for iShares Russell 2000 Index (NYSE:IWM)

Receive News & Ratings for iShares Russell 2000 Index Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Russell 2000 Index and related companies with MarketBeat.com's FREE daily email newsletter.