Traders Buy iShares Russell 2000 Index (IWM) on Weakness

Investors bought shares of iShares Russell 2000 Index (NYSEARCA:IWM) on weakness during trading on Monday. $232.97 million flowed into the stock on the tick-up and $188.47 million flowed out of the stock on the tick-down, for a money net flow of $44.50 million into the stock. Of all stocks tracked, iShares Russell 2000 Index had the 18th highest net in-flow for the day. iShares Russell 2000 Index traded down ($0.51) for the day and closed at $157.17

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 26th. Stockholders of record on Thursday, March 21st were paid a $0.4121 dividend. The ex-dividend date was Wednesday, March 20th. This represents a $1.65 annualized dividend and a dividend yield of 1.05%.

Several institutional investors and hedge funds have recently bought and sold shares of IWM. Deutsche Bank AG purchased a new position in shares of iShares Russell 2000 Index in the fourth quarter worth about $305,656,000. Canada Pension Plan Investment Board grew its stake in iShares Russell 2000 Index by 1,650.0% during the fourth quarter. Canada Pension Plan Investment Board now owns 1,750,000 shares of the exchange traded fund’s stock valued at $234,305,000 after acquiring an additional 1,650,000 shares in the last quarter. SG Americas Securities LLC grew its stake in iShares Russell 2000 Index by 192.5% during the fourth quarter. SG Americas Securities LLC now owns 1,299,978 shares of the exchange traded fund’s stock valued at $174,067,000 after acquiring an additional 855,505 shares in the last quarter. Rafferty Asset Management LLC grew its stake in iShares Russell 2000 Index by 35.3% during the fourth quarter. Rafferty Asset Management LLC now owns 3,232,683 shares of the exchange traded fund’s stock valued at $432,856,000 after acquiring an additional 843,952 shares in the last quarter. Finally, IBM Retirement Fund purchased a new position in iShares Russell 2000 Index during the fourth quarter valued at approximately $103,296,000.

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iShares Russell 2000 Index Company Profile (NYSEARCA:IWM)

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.

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