DAGCO Inc. boosted its holdings in iShares Russell 2000 ETF (NYSEARCA:IWM) by 0.8% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 25,909 shares of the exchange traded fund’s stock after purchasing an additional 215 shares during the period. iShares Russell 2000 ETF makes up 2.8% of DAGCO Inc.’s portfolio, making the stock its 10th largest position. DAGCO Inc.’s holdings in iShares Russell 2000 ETF were worth $5,724,000 as of its most recent SEC filing.
Several other large investors have also recently modified their holdings of IWM. Eudaimonia Partners LLC bought a new position in shares of iShares Russell 2000 ETF during the third quarter valued at about $25,000. Focused Wealth Management Inc purchased a new stake in iShares Russell 2000 ETF in the fourth quarter worth about $25,000. Truvestments Capital LLC grew its holdings in iShares Russell 2000 ETF by 378.6% in the fourth quarter. Truvestments Capital LLC now owns 134 shares of the exchange traded fund’s stock worth $25,000 after purchasing an additional 106 shares during the period. Sterling Financial Planning Inc. purchased a new stake in iShares Russell 2000 ETF in the fourth quarter worth about $28,000. Finally, Signet Investment Advisory Group Inc. purchased a new stake in iShares Russell 2000 ETF in the fourth quarter worth about $30,000. 94.94% of the stock is owned by hedge funds and other institutional investors.
IWM traded down $2.55 during midday trading on Tuesday, reaching $223.44. The company’s stock had a trading volume of 1,169,418 shares, compared to its average volume of 29,927,314. iShares Russell 2000 ETF has a 1 year low of $117.18 and a 1 year high of $234.53. The stock’s 50-day moving average is $223.82 and its 200-day moving average is $208.70.
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.
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