Harel Insurance Investments & Financial Services Ltd. increased its stake in iShares Russell 2000 Index (NYSE:IWM) by 234.7% during the second quarter, Holdings Channel reports. The institutional investor owned 5,020 shares of the exchange traded fund’s stock after buying an additional 3,520 shares during the period. Harel Insurance Investments & Financial Services Ltd.’s holdings in iShares Russell 2000 Index were worth $705,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in IWM. Stearns Financial Services Group increased its position in iShares Russell 2000 Index by 2.2% in the second quarter. Stearns Financial Services Group now owns 113,624 shares of the exchange traded fund’s stock valued at $16,012,000 after buying an additional 2,435 shares during the last quarter. Connable Office Inc. increased its position in iShares Russell 2000 Index by 10.7% in the second quarter. Connable Office Inc. now owns 105,960 shares of the exchange traded fund’s stock valued at $14,932,000 after buying an additional 10,229 shares during the last quarter. Corundum Group Inc. increased its position in iShares Russell 2000 Index by 17.7% in the second quarter. Corundum Group Inc. now owns 3,356 shares of the exchange traded fund’s stock valued at $473,000 after buying an additional 505 shares during the last quarter. Shine Investment Advisory Services Inc. increased its position in iShares Russell 2000 Index by 12.6% in the second quarter. Shine Investment Advisory Services Inc. now owns 3,582 shares of the exchange traded fund’s stock valued at $505,000 after buying an additional 400 shares during the last quarter. Finally, HL Financial Services LLC increased its position in iShares Russell 2000 Index by 29.4% in the second quarter. HL Financial Services LLC now owns 73,258 shares of the exchange traded fund’s stock valued at $10,323,000 after buying an additional 16,655 shares during the last quarter.

iShares Russell 2000 Index (NYSE:IWM) opened at 136.47 on Friday. The stock has a 50 day moving average of $141.03 and a 200 day moving average of $138.46. iShares Russell 2000 Index has a 1-year low of $114.88 and a 1-year high of $144.25. iShares Russell 2000 Index also was the target of some unusual options trading activity on Thursday. Traders purchased 494,667 put options on the stock. This represents an increase of approximately 190% compared to the average volume of 170,608 put options.

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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.

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

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