NuWave Investment Management LLC raised its stake in iShares Russell 2000 ETF (NYSEARCA:IWM) by 7,205.6% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 2,630 shares of the exchange traded fund’s stock after purchasing an additional 2,594 shares during the quarter. NuWave Investment Management LLC’s holdings in iShares Russell 2000 ETF were worth $403,000 at the end of the most recent reporting period.
Other hedge funds also recently made changes to their positions in the company. Capital Guardian Trust Co. acquired a new position in iShares Russell 2000 ETF in the third quarter valued at $496,000. The Manufacturers Life Insurance Company increased its stake in iShares Russell 2000 ETF by 23.0% during the third quarter. The Manufacturers Life Insurance Company now owns 593,087 shares of the exchange traded fund’s stock worth $99,966,000 after acquiring an additional 110,868 shares during the last quarter. Man Group plc acquired a new stake in iShares Russell 2000 ETF during the third quarter worth about $2,211,000. Private Capital Management LLC increased its stake in iShares Russell 2000 ETF by 78.6% during the third quarter. Private Capital Management LLC now owns 5,000 shares of the exchange traded fund’s stock worth $843,000 after acquiring an additional 2,200 shares during the last quarter. Finally, MetLife Investment Advisors LLC boosted its position in shares of iShares Russell 2000 ETF by 5,289.1% in the third quarter. MetLife Investment Advisors LLC now owns 301,251 shares of the exchange traded fund’s stock worth $50,667,000 after buying an additional 295,661 shares during the period.
IWM traded up $3.01 on Friday, reaching $160.53. The company’s stock had a trading volume of 20,170,786 shares, compared to its average volume of 21,244,865. iShares Russell 2000 ETF has a 1 year low of $125.81 and a 1 year high of $173.39.
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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