Rhumbline Advisers Has $8.67 Million Position in iShares Russell 2000 ETF $IWM

Rhumbline Advisers lifted its holdings in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 19.9% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 35,837 shares of the exchange traded fund’s stock after buying an additional 5,940 shares during the period. Rhumbline Advisers’ holdings in iShares Russell 2000 ETF were worth $8,671,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Thoroughbred Financial Services LLC boosted its position in iShares Russell 2000 ETF by 1.5% during the second quarter. Thoroughbred Financial Services LLC now owns 3,277 shares of the exchange traded fund’s stock valued at $707,000 after purchasing an additional 48 shares during the last quarter. Crowley Wealth Management Inc. increased its position in shares of iShares Russell 2000 ETF by 8.1% during the 3rd quarter. Crowley Wealth Management Inc. now owns 665 shares of the exchange traded fund’s stock worth $161,000 after purchasing an additional 50 shares during the last quarter. Smart Portfolios LLC raised its stake in shares of iShares Russell 2000 ETF by 3.7% during the 3rd quarter. Smart Portfolios LLC now owns 1,388 shares of the exchange traded fund’s stock worth $336,000 after purchasing an additional 50 shares in the last quarter. Traynor Capital Management Inc. boosted its holdings in shares of iShares Russell 2000 ETF by 5.0% in the 3rd quarter. Traynor Capital Management Inc. now owns 1,077 shares of the exchange traded fund’s stock valued at $261,000 after buying an additional 51 shares during the last quarter. Finally, Firestone Capital Management boosted its holdings in shares of iShares Russell 2000 ETF by 0.4% in the 2nd quarter. Firestone Capital Management now owns 15,459 shares of the exchange traded fund’s stock valued at $3,336,000 after buying an additional 54 shares during the last quarter.

iShares Russell 2000 ETF Trading Up 0.0%

Shares of IWM opened at $264.61 on Friday. The company’s fifty day simple moving average is $258.84 and its 200 day simple moving average is $246.65. iShares Russell 2000 ETF has a 1-year low of $171.73 and a 1-year high of $271.60. The company has a market cap of $75.37 billion, a price-to-earnings ratio of 17.69 and a beta of 1.13.

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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.