MV Capital Management Inc. Invests $1.43 Million in iShares Russell 2000 ETF $IWM

MV Capital Management Inc. purchased a new stake in iShares Russell 2000 ETF (NYSEARCA:IWM) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm purchased 5,826 shares of the exchange traded fund’s stock, valued at approximately $1,434,000.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Bank of America Corp DE lifted its position in shares of iShares Russell 2000 ETF by 633.5% during the 4th 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 acquiring an additional 51,952,453 shares during the period. CTC LLC boosted its stake in shares of iShares Russell 2000 ETF by 102.5% during the 3rd quarter. CTC LLC now owns 339,320 shares of the exchange traded fund’s stock worth $82,102,000 after acquiring an additional 13,804,173 shares in the last quarter. HRT Financial LP grew its holdings in shares of 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. Jump Financial LLC increased its stake in iShares Russell 2000 ETF by 452.0% in the 4th quarter. Jump Financial LLC now owns 1,655,028 shares of the exchange traded fund’s stock valued at $407,402,000 after purchasing an additional 1,355,215 shares in the last quarter. Finally, Durable Capital Partners LP increased 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 valued at $560,335,000 after purchasing an additional 1,333,316 shares in the last quarter.

iShares Russell 2000 ETF Stock Performance

Shares of IWM stock opened at $295.59 on Friday. The stock has a fifty day moving average price of $281.13 and a 200 day moving average price of $264.72. The stock has a market cap of $82.09 billion, a PE ratio of 17.69 and a beta of 1.11. iShares Russell 2000 ETF has a 1 year low of $206.81 and a 1 year high of $297.91.

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.