Lavelle Capital LP Buys New Stake in iShares Russell 2000 ETF $IWM

Lavelle Capital LP purchased a new position in iShares Russell 2000 ETF (NYSEARCA:IWM) in the 1st quarter, Holdings Channel.com reports. The firm purchased 1,806 shares of the exchange traded fund’s stock, valued at approximately $448,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Bank of America Corp DE boosted its holdings in iShares Russell 2000 ETF by 633.5% during the fourth quarter. Bank of America Corp DE now owns 43,751,735 shares of the exchange traded fund’s stock valued at $10,769,927,000 after purchasing an additional 51,952,453 shares in the last quarter. Rafferty Asset Management LLC grew its position in iShares Russell 2000 ETF by 10.6% in the second quarter. Rafferty Asset Management LLC now owns 6,747,829 shares of the exchange traded fund’s stock valued at $1,456,114,000 after acquiring an additional 648,801 shares during the period. Northern Trust Corp grew its position in iShares Russell 2000 ETF by 3.2% in the fourth quarter. Northern Trust Corp now owns 4,252,572 shares of the exchange traded fund’s stock valued at $1,046,813,000 after acquiring an additional 130,667 shares during the period. HRT Financial LP raised its stake in iShares Russell 2000 ETF by 112.9% during the fourth quarter. HRT Financial LP now owns 4,119,165 shares of the exchange traded fund’s stock worth $1,013,973,000 after acquiring an additional 2,184,265 shares in the last quarter. Finally, PNC Financial Services Group Inc. lifted its holdings in shares of iShares Russell 2000 ETF by 6.6% during the first quarter. PNC Financial Services Group Inc. now owns 3,187,467 shares of the exchange traded fund’s stock valued at $790,492,000 after acquiring an additional 197,189 shares during the period.

iShares Russell 2000 ETF Stock Performance

Shares of NYSEARCA:IWM opened at $291.20 on Friday. The company’s fifty day moving average is $293.11 and its 200-day moving average is $274.15. iShares Russell 2000 ETF has a 52 week low of $212.34 and a 52 week high of $302.72. The company has a market capitalization of $80.71 billion, a PE ratio of 17.69 and a beta of 1.10.

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