Washington Trust Bank Grows Position in iShares Russell 2000 ETF $IWM

Washington Trust Bank raised its stake in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 57.6% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 17,491 shares of the exchange traded fund’s stock after acquiring an additional 6,393 shares during the period. Washington Trust Bank’s holdings in iShares Russell 2000 ETF were worth $5,255,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of the company. Acumen Wealth Advisors LLC bought a new position in shares of iShares Russell 2000 ETF during the fourth quarter valued at about $27,000. Measured Wealth Private Client Group LLC bought a new stake in iShares Russell 2000 ETF in the 3rd quarter worth about $28,000. Osbon Capital Management LLC purchased a new stake in iShares Russell 2000 ETF in the 4th quarter valued at about $31,000. Tower View Wealth Management LLC purchased a new stake in iShares Russell 2000 ETF in the 1st quarter valued at about $32,000. Finally, Tucker Asset Management LLC purchased a new stake in iShares Russell 2000 ETF in the 4th quarter valued at about $32,000.

iShares Russell 2000 ETF Stock Down 1.4%

iShares Russell 2000 ETF stock opened at $295.75 on Friday. iShares Russell 2000 ETF has a 52 week low of $228.90 and a 52 week high of $305.18. The company’s 50 day moving average price is $297.35 and its two-hundred day moving average price is $279.30. The stock has a market cap of $81.41 billion, a P/E ratio of 17.69 and a beta of 1.11.

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.