Chemung Canal Trust Co. Grows Stock Holdings in iShares Russell 2000 ETF $IWM

Chemung Canal Trust Co. raised its position in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 33.5% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 16,081 shares of the exchange traded fund’s stock after buying an additional 4,038 shares during the period. Chemung Canal Trust Co.’s holdings in iShares Russell 2000 ETF were worth $3,470,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of IWM. Goldman Sachs Group Inc. boosted its position in shares of iShares Russell 2000 ETF by 1,186.6% during the first quarter. Goldman Sachs Group Inc. now owns 51,271,785 shares of the exchange traded fund’s stock worth $10,228,208,000 after buying an additional 47,286,837 shares during the period. JPMorgan Chase & Co. boosted its holdings in iShares Russell 2000 ETF by 59.8% in the first quarter. JPMorgan Chase & Co. now owns 6,044,142 shares of the exchange traded fund’s stock valued at $1,205,746,000 after purchasing an additional 2,262,696 shares during the period. Canada Pension Plan Investment Board boosted its holdings in iShares Russell 2000 ETF by 74.7% in the first quarter. Canada Pension Plan Investment Board now owns 3,010,000 shares of the exchange traded fund’s stock valued at $600,465,000 after purchasing an additional 1,287,000 shares during the period. 59 North Capital Management LP boosted its holdings in iShares Russell 2000 ETF by 107.8% in the first quarter. 59 North Capital Management LP now owns 1,731,163 shares of the exchange traded fund’s stock valued at $345,350,000 after purchasing an additional 898,067 shares during the period. Finally, Alaska Permanent Fund Corp boosted its holdings in iShares Russell 2000 ETF by 286.9% in the first quarter. Alaska Permanent Fund Corp now owns 1,197,502 shares of the exchange traded fund’s stock valued at $233,345,000 after purchasing an additional 887,984 shares during the period.

iShares Russell 2000 ETF Trading Up 0.7%

NYSEARCA:IWM opened at $245.83 on Friday. The firm has a market cap of $72.11 billion, a PE ratio of 17.69 and a beta of 1.15. The stock has a fifty day moving average price of $233.01 and a 200 day moving average price of $214.94. iShares Russell 2000 ETF has a 12-month low of $171.73 and a 12-month high of $248.09.

iShares Russell 2000 ETF 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.