Berkshire Money Management Inc. grew its stake in iShares Russell 2000 ETF (NYSEARCA:IWM – Free Report) by 294.2% in the first quarter, Holdings Channel.com reports. The institutional investor owned 27,861 shares of the exchange traded fund’s stock after buying an additional 20,793 shares during the quarter. iShares Russell 2000 ETF makes up approximately 0.7% of Berkshire Money Management Inc.’s portfolio, making the stock its 23rd largest holding. Berkshire Money Management Inc.’s holdings in iShares Russell 2000 ETF were worth $6,909,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other large investors also recently made changes to their positions in the company. Bank of America Corp DE lifted its holdings in iShares Russell 2000 ETF by 633.5% in the 4th quarter. Bank of America Corp DE now owns 43,751,735 shares of the exchange traded fund’s stock worth $10,769,927,000 after purchasing an additional 51,952,453 shares during the last quarter. Rafferty Asset Management LLC boosted its position in 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 worth $1,456,114,000 after purchasing an additional 648,801 shares during the period. Northern Trust Corp grew its holdings in iShares Russell 2000 ETF by 3.2% during the fourth quarter. Northern Trust Corp now owns 4,252,572 shares of the exchange traded fund’s stock valued at $1,046,813,000 after purchasing an additional 130,667 shares during the last quarter. HRT Financial LP grew its holdings in iShares Russell 2000 ETF by 112.9% during the fourth quarter. HRT Financial LP now owns 4,119,165 shares of the exchange traded fund’s stock valued at $1,013,973,000 after purchasing an additional 2,184,265 shares during the last quarter. Finally, Durable Capital Partners LP raised its position in shares of iShares Russell 2000 ETF by 105.5% in the second quarter. Durable Capital Partners LP now owns 2,596,668 shares of the exchange traded fund’s stock valued at $560,335,000 after purchasing an additional 1,333,316 shares during the period.
iShares Russell 2000 ETF Trading Up 0.7%
Shares of iShares Russell 2000 ETF stock opened at $298.91 on Friday. The firm has a fifty day simple moving average of $284.47 and a 200-day simple moving average of $266.42. iShares Russell 2000 ETF has a 1-year low of $212.34 and a 1-year high of $301.50. The stock has a market capitalization of $83.01 billion, a price-to-earnings ratio of 17.69 and a beta of 1.11.
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.
Read More
- Five stocks we like better than iShares Russell 2000 ETF
- MDA Space Targets US Defense Market With $620M Acquisition
- Carnival’s Second Quarter: Is the Stock Still Complicated?
- Domino’s Stock Slides to 52-Week Low as Investors Digest CEO Change
- Microsoft Solves AI’s Biggest Bottleneck With Chevron Deal
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 ETF (NYSEARCA:IWM – Free Report).
Receive News & Ratings for iShares Russell 2000 ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Russell 2000 ETF and related companies with MarketBeat.com's FREE daily email newsletter.
