iShares Russell 2000 ETF $IWM Stake Raised by USA Financial Formulas

USA Financial Formulas increased its holdings in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 15,520.1% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 435,956 shares of the exchange traded fund’s stock after acquiring an additional 433,165 shares during the period. iShares Russell 2000 ETF makes up about 19.8% of USA Financial Formulas’ portfolio, making the stock its 2nd largest holding. USA Financial Formulas owned 0.16% of iShares Russell 2000 ETF worth $108,117,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Financial Perspectives Inc boosted its position in iShares Russell 2000 ETF by 4.4% during the second quarter. Financial Perspectives Inc now owns 4,520 shares of the exchange traded fund’s stock worth $1,358,000 after purchasing an additional 191 shares in the last quarter. Udine Wealth Management Inc. increased its position in shares of iShares Russell 2000 ETF by 1.9% in the second quarter. Udine Wealth Management Inc. now owns 10,309 shares of the exchange traded fund’s stock valued at $3,097,000 after buying an additional 193 shares in the last quarter. BridgePort Financial Solutions LLC raised its stake in shares of iShares Russell 2000 ETF by 5.2% during the 2nd quarter. BridgePort Financial Solutions LLC now owns 3,867 shares of the exchange traded fund’s stock worth $1,162,000 after buying an additional 192 shares during the period. a16z Perennial Management L.P. acquired a new position in shares of iShares Russell 2000 ETF during the 2nd quarter worth approximately $976,000. Finally, Lansing Street Advisors raised its stake in shares of iShares Russell 2000 ETF by 3.8% during the 2nd quarter. Lansing Street Advisors now owns 19,713 shares of the exchange traded fund’s stock worth $5,923,000 after buying an additional 720 shares during the period.

iShares Russell 2000 ETF Price Performance

Shares of NYSEARCA:IWM opened at $305.09 on Friday. The business’s 50 day moving average price is $295.49 and its 200-day moving average price is $276.68. iShares Russell 2000 ETF has a 1 year low of $223.69 and a 1 year high of $305.18. The firm has a market capitalization of $83.98 billion, a price-to-earnings ratio of 17.69 and a beta of 1.11.

iShares Russell 2000 ETF Company 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.