Oppenheimer Asset Management Inc. Acquires 16,858 Shares of iShares Russell 2000 ETF (NYSEARCA:IWM)

Oppenheimer Asset Management Inc. increased its holdings in iShares Russell 2000 ETF (NYSEARCA:IWM) by 17.6% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 112,540 shares of the exchange traded fund’s stock after purchasing an additional 16,858 shares during the period. Oppenheimer Asset Management Inc.’s holdings in iShares Russell 2000 ETF were worth $24,867,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. JPMorgan Chase & Co. lifted its position in shares of iShares Russell 2000 ETF by 50.5% during the third quarter. JPMorgan Chase & Co. now owns 4,313,404 shares of the exchange traded fund’s stock worth $952,788,000 after purchasing an additional 1,446,443 shares in the last quarter. Strategic Financial Concepts LLC boosted its position in shares of iShares Russell 2000 ETF by 21,916.2% in the 4th quarter. Strategic Financial Concepts LLC now owns 737,763 shares of the exchange traded fund’s stock worth $163,016,000 after purchasing an additional 734,412 shares during the last quarter. Redwood Investment Management LLC acquired a new position in shares of iShares Russell 2000 ETF during the 3rd quarter worth about $142,774,000. IMC Chicago LLC bought a new stake in iShares Russell 2000 ETF in the third quarter valued at approximately $100,618,000. Finally, Cibc World Market Inc. increased its position in shares of iShares Russell 2000 ETF by 18.1% in the 4th quarter. Cibc World Market Inc. now owns 2,868,379 shares of the exchange traded fund’s stock valued at $633,797,000 after buying an additional 440,218 shares in the last quarter.

iShares Russell 2000 ETF Stock Performance

Shares of IWM opened at $215.68 on Thursday. The firm’s 50 day moving average price is $223.86 and its two-hundred day moving average price is $223.84. iShares Russell 2000 ETF has a twelve month low of $191.34 and a twelve month high of $244.98. The firm has a market cap of $69.08 billion, a P/E ratio of 16.97 and a beta of 1.17.

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.