The Manufacturers Life Insurance Company Takes $13.24 Million Position in iShares Russell 2000 ETF $IWM

The Manufacturers Life Insurance Company acquired a new stake in iShares Russell 2000 ETF (NYSEARCA:IWM) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 44,068 shares of the exchange traded fund’s stock, valued at approximately $13,240,000.

A number of other hedge funds have also recently modified their holdings of the stock. Horizon Wealth Management LLC purchased a new position in iShares Russell 2000 ETF during the first quarter worth approximately $22,859,000. Bryn Mawr Trust Advisors LLC increased its position in shares of iShares Russell 2000 ETF by 37.8% in the first quarter. Bryn Mawr Trust Advisors LLC now owns 9,676 shares of the exchange traded fund’s stock valued at $2,400,000 after buying an additional 2,654 shares in the last quarter. HighTower Advisors LLC increased its position in shares of iShares Russell 2000 ETF by 14.9% in the fourth quarter. HighTower Advisors LLC now owns 590,250 shares of the exchange traded fund’s stock valued at $145,296,000 after buying an additional 76,358 shares in the last quarter. Prospera Financial Services Inc increased its position in shares of iShares Russell 2000 ETF by 12.8% in the fourth quarter. Prospera Financial Services Inc now owns 57,696 shares of the exchange traded fund’s stock valued at $14,216,000 after buying an additional 6,567 shares in the last quarter. Finally, Integrity Investment Advisors LLC acquired a new position in shares of iShares Russell 2000 ETF during the 4th quarter worth approximately $492,000.

iShares Russell 2000 ETF Price Performance

Shares of NYSEARCA:IWM opened at $288.89 on Friday. iShares Russell 2000 ETF has a 1 year low of $228.90 and a 1 year high of $305.18. The firm has a market capitalization of $79.52 billion, a price-to-earnings ratio of 17.69 and a beta of 1.11. The business’s 50 day moving average price is $296.25 and its 200-day moving average price is $281.31.

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.