German American Bancorp Inc. Acquires 5,707 Shares of iShares Russell 2000 ETF $IWM

German American Bancorp Inc. boosted its holdings in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 2.7% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 218,746 shares of the exchange traded fund’s stock after acquiring an additional 5,707 shares during the period. iShares Russell 2000 ETF comprises 4.7% of German American Bancorp Inc.’s portfolio, making the stock its 5th largest holding. German American Bancorp Inc. owned approximately 0.08% of iShares Russell 2000 ETF worth $52,928,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. Bernard Wealth Management Corp. raised its holdings in shares of iShares Russell 2000 ETF by 0.8% in the second quarter. Bernard Wealth Management Corp. now owns 5,976 shares of the exchange traded fund’s stock worth $1,290,000 after acquiring an additional 47 shares during the last quarter. Thoroughbred Financial Services LLC grew its holdings in shares of iShares Russell 2000 ETF by 1.5% during the second quarter. Thoroughbred Financial Services LLC now owns 3,277 shares of the exchange traded fund’s stock worth $707,000 after buying an additional 48 shares in the last quarter. Crowley Wealth Management Inc. raised its position in shares of iShares Russell 2000 ETF by 8.1% in the third quarter. Crowley Wealth Management Inc. now owns 665 shares of the exchange traded fund’s stock valued at $161,000 after buying an additional 50 shares during the last quarter. Smart Portfolios LLC lifted its stake in shares of iShares Russell 2000 ETF by 3.7% during the third quarter. Smart Portfolios LLC now owns 1,388 shares of the exchange traded fund’s stock valued at $336,000 after buying an additional 50 shares during the period. Finally, Traynor Capital Management Inc. lifted its stake in shares of iShares Russell 2000 ETF by 5.0% during the third quarter. Traynor Capital Management Inc. now owns 1,077 shares of the exchange traded fund’s stock valued at $261,000 after buying an additional 51 shares during the period.

iShares Russell 2000 ETF Stock Performance

IWM stock opened at $265.02 on Friday. The company has a 50 day moving average price of $256.28 and a two-hundred day moving average price of $243.88. The stock has a market capitalization of $75.49 billion, a P/E ratio of 17.69 and a beta of 1.13. iShares Russell 2000 ETF has a one year low of $171.73 and a one year high of $271.60.

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.