iShares Russell 2000 ETF (NYSEARCA:IWM) Reaches New 1-Year High at $228.63

iShares Russell 2000 ETF (NYSEARCA:IWM) shares hit a new 52-week high on Wednesday . The stock traded as high as $228.63 and last traded at $227.84, with a volume of 31576641 shares. The stock had previously closed at $222.57.

iShares Russell 2000 ETF Stock Up 0.6 %

The stock has a 50 day moving average of $207.49 and a 200-day moving average of $203.27.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of IWM. Rafferty Asset Management LLC increased its holdings in iShares Russell 2000 ETF by 84.1% during the 4th quarter. Rafferty Asset Management LLC now owns 8,584,687 shares of the exchange traded fund’s stock worth $1,723,033,000 after acquiring an additional 3,921,131 shares during the period. Jones Financial Companies Lllp raised its position in shares of iShares Russell 2000 ETF by 3.2% in the fourth quarter. Jones Financial Companies Lllp now owns 7,332,475 shares of the exchange traded fund’s stock worth $1,471,701,000 after buying an additional 225,483 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in iShares Russell 2000 ETF by 44.7% during the first quarter. JPMorgan Chase & Co. now owns 6,009,724 shares of the exchange traded fund’s stock valued at $1,263,845,000 after buying an additional 1,856,738 shares during the period. International Assets Investment Management LLC grew its position in iShares Russell 2000 ETF by 20,707.4% during the fourth quarter. International Assets Investment Management LLC now owns 4,469,230 shares of the exchange traded fund’s stock worth $897,019,000 after buying an additional 4,447,751 shares in the last quarter. Finally, Granite Bay Wealth Management LLC increased its stake in iShares Russell 2000 ETF by 1,331.4% in the 4th quarter. Granite Bay Wealth Management LLC now owns 3,899,062 shares of the exchange traded fund’s stock worth $782,581,000 after acquiring an additional 3,626,670 shares during the last quarter.

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.