Mechanics Bank Trust Department Purchases 1,676 Shares of iShares Russell 2000 ETF $IWM

Mechanics Bank Trust Department raised its position in iShares Russell 2000 ETF (NYSEARCA:IWM) by 49.4% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 5,070 shares of the exchange traded fund’s stock after purchasing an additional 1,676 shares during the period. Mechanics Bank Trust Department’s holdings in iShares Russell 2000 ETF were worth $1,523,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. NWK Group Inc. grew its holdings in shares of iShares Russell 2000 ETF by 1.1% during the first quarter. NWK Group Inc. now owns 3,279 shares of the exchange traded fund’s stock worth $813,000 after buying an additional 36 shares in the last quarter. Mirador Capital Partners LP lifted its stake in iShares Russell 2000 ETF by 2.9% in the 2nd quarter. Mirador Capital Partners LP now owns 1,274 shares of the exchange traded fund’s stock valued at $383,000 after acquiring an additional 36 shares in the last quarter. LGL Partners LLC lifted its stake in iShares Russell 2000 ETF by 0.3% in the 4th quarter. LGL Partners LLC now owns 11,916 shares of the exchange traded fund’s stock valued at $2,933,000 after acquiring an additional 38 shares in the last quarter. Measured Risk Portfolios Inc. boosted its position in iShares Russell 2000 ETF by 1.7% during the 1st quarter. Measured Risk Portfolios Inc. now owns 2,304 shares of the exchange traded fund’s stock worth $571,000 after acquiring an additional 38 shares during the last quarter. Finally, Vision Retirement LLC boosted its position in iShares Russell 2000 ETF by 3.9% during the 1st quarter. Vision Retirement LLC now owns 1,032 shares of the exchange traded fund’s stock worth $256,000 after acquiring an additional 39 shares during the last quarter.

iShares Russell 2000 ETF Stock Down 0.6%

Shares of IWM opened at $299.77 on Thursday. iShares Russell 2000 ETF has a twelve month low of $218.51 and a twelve month high of $303.06. The stock has a market capitalization of $82.51 billion, a P/E ratio of 17.69 and a beta of 1.11. The company has a 50 day moving average of $293.74 and a 200-day moving average of $275.00.

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.