Mandatum Life Insurance Co Ltd Acquires 2,067 Shares of iShares Russell 2000 ETF $IWM

Mandatum Life Insurance Co Ltd grew its holdings in iShares Russell 2000 ETF (NYSEARCA:IWM) by 8.8% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 25,679 shares of the exchange traded fund’s stock after purchasing an additional 2,067 shares during the period. iShares Russell 2000 ETF makes up about 1.4% of Mandatum Life Insurance Co Ltd’s portfolio, making the stock its 19th biggest position. Mandatum Life Insurance Co Ltd’s holdings in iShares Russell 2000 ETF were worth $6,321,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Investment Counsel Co. of Nevada bought a new position in shares of iShares Russell 2000 ETF in the 3rd quarter valued at $26,000. Measured Wealth Private Client Group LLC bought a new stake in iShares Russell 2000 ETF during the 3rd quarter worth $28,000. Abich Financial Wealth Management LLC bought a new stake in iShares Russell 2000 ETF during the 3rd quarter worth $30,000. Columbia Asset Management bought a new stake in iShares Russell 2000 ETF during the 4th quarter worth $32,000. Finally, Tucker Asset Management LLC bought a new stake in iShares Russell 2000 ETF during the 4th quarter worth $32,000.

iShares Russell 2000 ETF Stock Down 3.5%

Shares of IWM stock opened at $281.65 on Friday. The firm has a market capitalization of $78.21 billion, a P/E ratio of 17.69 and a beta of 1.11. iShares Russell 2000 ETF has a twelve month low of $206.81 and a twelve month high of $292.88. The stock’s fifty day simple moving average is $273.70 and its 200 day simple moving average is $261.37.

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