Burke & Herbert Bank & Trust Co. Invests $4.37 Million in iShares Russell 2000 ETF (NYSEARCA:IWM)

Burke & Herbert Bank & Trust Co. purchased a new position in iShares Russell 2000 ETF (NYSEARCA:IWM) in the second quarter, Holdings Channel reports. The fund purchased 21,527 shares of the exchange traded fund’s stock, valued at approximately $4,368,000. iShares Russell 2000 ETF accounts for approximately 1.1% of Burke & Herbert Bank & Trust Co.’s investment portfolio, making the stock its 18th biggest holding.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Rafferty Asset Management LLC increased its holdings in iShares Russell 2000 ETF by 84.1% in the fourth quarter. Rafferty Asset Management LLC now owns 8,584,687 shares of the exchange traded fund’s stock valued at $1,723,033,000 after buying an additional 3,921,131 shares during the last quarter. Jones Financial Companies Lllp grew its holdings in shares of iShares Russell 2000 ETF by 3.2% during the fourth quarter. Jones Financial Companies Lllp now owns 7,332,475 shares of the exchange traded fund’s stock valued at $1,471,701,000 after purchasing an additional 225,483 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in shares of 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 purchasing an additional 1,856,738 shares during the last quarter. Granite Bay Wealth Management LLC grew its holdings in shares of iShares Russell 2000 ETF by 1,331.4% during the fourth quarter. Granite Bay Wealth Management LLC now owns 3,899,062 shares of the exchange traded fund’s stock valued at $782,581,000 after purchasing an additional 3,626,670 shares during the last quarter. Finally, Northern Trust Corp grew its holdings in shares of iShares Russell 2000 ETF by 2.5% during the fourth quarter. Northern Trust Corp now owns 3,801,786 shares of the exchange traded fund’s stock valued at $763,056,000 after purchasing an additional 94,226 shares during the last quarter.

iShares Russell 2000 ETF Stock Up 1.6 %

Shares of NYSEARCA:IWM traded up $3.27 during trading on Tuesday, hitting $207.87. 25,421,071 shares of the company traded hands, compared to its average volume of 34,709,449. The business’s fifty day moving average is $207.82 and its 200-day moving average is $204.09. iShares Russell 2000 ETF has a one year low of $161.67 and a one year high of $228.63.

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.