USA Financial Formulas Increases Position in iShares Russell 2000 ETF $IWM

USA Financial Formulas grew its holdings in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 18,631.3% during the third quarter, according to the company in its most recent disclosure with the SEC. The fund owned 2,997 shares of the exchange traded fund’s stock after buying an additional 2,981 shares during the quarter. USA Financial Formulas’ holdings in iShares Russell 2000 ETF were worth $725,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of IWM. Empower Advisory Group LLC boosted its holdings in iShares Russell 2000 ETF by 5.8% during the 2nd quarter. Empower Advisory Group LLC now owns 8,616,866 shares of the exchange traded fund’s stock valued at $1,859,433,000 after acquiring an additional 472,801 shares during the period. JPMorgan Chase & Co. lifted its position in shares of iShares Russell 2000 ETF by 35.3% during the second quarter. JPMorgan Chase & Co. now owns 8,178,921 shares of the exchange traded fund’s stock worth $1,764,930,000 after purchasing an additional 2,134,779 shares during the last quarter. Rafferty Asset Management LLC boosted its stake in shares of iShares Russell 2000 ETF by 10.6% during the second 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 purchasing an additional 648,801 shares during the period. Holocene Advisors LP bought a new position in shares of iShares Russell 2000 ETF in the second quarter worth about $1,230,003,000. Finally, Canada Pension Plan Investment Board grew its holdings in shares of iShares Russell 2000 ETF by 74.7% in the first quarter. Canada Pension Plan Investment Board now owns 3,010,000 shares of the exchange traded fund’s stock worth $600,465,000 after purchasing an additional 1,287,000 shares during the last quarter.

iShares Russell 2000 ETF Price Performance

Shares of IWM opened at $250.79 on Friday. The firm has a market capitalization of $69.46 billion, a price-to-earnings ratio of 17.69 and a beta of 1.13. iShares Russell 2000 ETF has a 1-year low of $171.73 and a 1-year high of $258.20. The company has a 50-day moving average of $245.50 and a 200 day moving average of $233.54.

About iShares Russell 2000 ETF

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.