Lincoln National Corp raised its stake in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 2.7% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 40,408 shares of the exchange traded fund’s stock after purchasing an additional 1,047 shares during the quarter. Lincoln National Corp’s holdings in iShares Russell 2000 ETF were worth $6,283,000 at the end of the most recent quarter.
A number of other hedge funds also recently modified their holdings of IWM. Dividend Assets Capital LLC acquired a new position in iShares Russell 2000 ETF during the second quarter worth approximately $31,000. Smart Portfolios LLC acquired a new position in iShares Russell 2000 ETF during the first quarter worth approximately $47,000. Weaver Consulting Group acquired a new position in iShares Russell 2000 ETF during the first quarter worth approximately $50,000. TRUE Private Wealth Advisors acquired a new position in iShares Russell 2000 ETF during the second quarter worth approximately $59,000. Finally, G&S Capital LLC increased its position in iShares Russell 2000 ETF by 888.9% during the second quarter. G&S Capital LLC now owns 445 shares of the exchange traded fund’s stock worth $69,000 after purchasing an additional 400 shares during the last quarter.
IWM stock traded down $3.05 on Friday, hitting $146.98. 3,025,452 shares of the company were exchanged, compared to its average volume of 20,382,906. iShares Russell 2000 ETF has a twelve month low of $125.81 and a twelve month high of $173.39. The business’s fifty day moving average is $153.20 and its two-hundred day moving average is $153.89.
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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