DE Burlo Group Inc. Invests $33.48 Million in iShares Russell 2000 ETF $IWM

DE Burlo Group Inc. acquired a new position in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 136,020 shares of the exchange traded fund’s stock, valued at approximately $33,483,000. iShares Russell 2000 ETF makes up approximately 4.1% of DE Burlo Group Inc.’s investment portfolio, making the stock its 11th largest position.

A number of other hedge funds have also modified their holdings of IWM. Rafferty Asset Management LLC grew its stake in iShares Russell 2000 ETF by 10.6% in the 2nd quarter. Rafferty Asset Management LLC now owns 6,747,829 shares of the exchange traded fund’s stock worth $1,456,114,000 after acquiring an additional 648,801 shares during the period. HRT Financial LP grew its stake in iShares Russell 2000 ETF by 112.9% in the 4th 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 during the period. Durable Capital Partners LP grew its stake in iShares Russell 2000 ETF by 105.5% in the 2nd quarter. Durable Capital Partners LP now owns 2,596,668 shares of the exchange traded fund’s stock worth $560,335,000 after acquiring an additional 1,333,316 shares during the period. Cibc World Market Inc. grew its stake in iShares Russell 2000 ETF by 36.4% in the 4th quarter. Cibc World Market Inc. now owns 1,869,465 shares of the exchange traded fund’s stock worth $460,188,000 after acquiring an additional 499,263 shares during the period. Finally, IMC Chicago LLC grew its stake in iShares Russell 2000 ETF by 344.2% in the 4th quarter. IMC Chicago LLC now owns 1,585,486 shares of the exchange traded fund’s stock worth $390,283,000 after acquiring an additional 1,228,526 shares during the period.

iShares Russell 2000 ETF Stock Performance

IWM stock opened at $292.95 on Friday. The stock has a market capitalization of $81.35 billion, a P/E ratio of 17.69 and a beta of 1.11. iShares Russell 2000 ETF has a one year low of $206.81 and a one year high of $295.72. The company has a 50 day moving average price of $277.84 and a two-hundred day moving average price of $263.26.

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.