Thrivent Financial for Lutherans Acquires 22,996 Shares of iShares Russell 2000 ETF $IWM

Thrivent Financial for Lutherans raised its stake in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 60.3% in the third quarter, HoldingsChannel reports. The institutional investor owned 61,160 shares of the exchange traded fund’s stock after acquiring an additional 22,996 shares during the period. Thrivent Financial for Lutherans’ holdings in iShares Russell 2000 ETF were worth $14,798,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Quaker Wealth Management LLC increased its holdings in iShares Russell 2000 ETF by 211.1% in the 2nd quarter. Quaker Wealth Management LLC now owns 120 shares of the exchange traded fund’s stock valued at $26,000 after acquiring an additional 228 shares during the last quarter. Pingora Partners LLC purchased a new position in shares of iShares Russell 2000 ETF during the second quarter valued at about $32,000. Beacon Capital Management Inc. bought a new stake in shares of iShares Russell 2000 ETF in the second quarter worth about $35,000. Pineridge Advisors LLC increased its holdings in shares of iShares Russell 2000 ETF by 93.9% in the second quarter. Pineridge Advisors LLC now owns 190 shares of the exchange traded fund’s stock worth $41,000 after purchasing an additional 92 shares during the last quarter. Finally, IMG Wealth Management Inc. lifted its position in shares of iShares Russell 2000 ETF by 67.7% in the second quarter. IMG Wealth Management Inc. now owns 208 shares of the exchange traded fund’s stock worth $45,000 after buying an additional 84 shares in the last quarter.

iShares Russell 2000 ETF Trading Up 0.2%

Shares of iShares Russell 2000 ETF stock opened at $262.78 on Wednesday. The firm has a market cap of $75.80 billion, a PE ratio of 17.69 and a beta of 1.13. The stock has a 50 day moving average of $255.52 and a 200 day moving average of $243.22. iShares Russell 2000 ETF has a 12 month low of $171.73 and a 12 month high of $271.60.

iShares Russell 2000 ETF 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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.