Mandatum Life Insurance Co Ltd Has $6.32 Million Stock Position in iShares Russell 2000 ETF $IWM

Mandatum Life Insurance Co Ltd increased its position in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 8.8% during the fourth quarter, Holdings Channel reports. The institutional investor 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 comprises about 1.4% of Mandatum Life Insurance Co Ltd’s portfolio, making the stock its 19th largest holding. Mandatum Life Insurance Co Ltd’s holdings in iShares Russell 2000 ETF were worth $6,321,000 as of its most recent filing with the SEC.

A number of other institutional investors have also added to or reduced their stakes in IWM. Brighton Jones LLC raised its stake in iShares Russell 2000 ETF by 2.6% during the 4th quarter. Brighton Jones LLC now owns 87,732 shares of the exchange traded fund’s stock worth $19,385,000 after buying an additional 2,221 shares during the period. Revolve Wealth Partners LLC raised its stake in iShares Russell 2000 ETF by 13.2% during the 4th quarter. Revolve Wealth Partners LLC now owns 12,233 shares of the exchange traded fund’s stock worth $2,703,000 after buying an additional 1,431 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in iShares Russell 2000 ETF by 16.3% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 9,300 shares of the exchange traded fund’s stock worth $1,855,000 after buying an additional 1,300 shares during the period. FSC Wealth Advisors LLC raised its stake in iShares Russell 2000 ETF by 416.6% during the 2nd quarter. FSC Wealth Advisors LLC now owns 22,515 shares of the exchange traded fund’s stock worth $4,859,000 after buying an additional 18,157 shares during the period. Finally, Sei Investments Co. raised its stake in iShares Russell 2000 ETF by 22.3% during the 2nd quarter. Sei Investments Co. now owns 16,320 shares of the exchange traded fund’s stock worth $3,522,000 after buying an additional 2,975 shares during the period.

iShares Russell 2000 ETF Stock Performance

Shares of IWM 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 52 week low of $206.81 and a 52 week high of $292.88. The stock has a 50 day moving average price of $273.70 and a two-hundred day moving average price of $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.