Beacon Pointe Advisors LLC acquired a new stake in shares of iShares Russell 2000 Index (NYSEARCA:IWM) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 18,314 shares of the exchange traded fund’s stock, valued at approximately $2,454,000. iShares Russell 2000 Index makes up approximately 1.5% of Beacon Pointe Advisors LLC’s portfolio, making the stock its 17th biggest holding.
Several other institutional investors and hedge funds also recently bought and sold shares of the company. California Public Employees Retirement System boosted its stake in iShares Russell 2000 Index by 736.5% in the 2nd quarter. California Public Employees Retirement System now owns 15,734 shares of the exchange traded fund’s stock worth $2,577,000 after purchasing an additional 13,853 shares during the period. Bank of New York Mellon Corp boosted its stake in iShares Russell 2000 Index by 2.6% in the 2nd quarter. Bank of New York Mellon Corp now owns 1,117,904 shares of the exchange traded fund’s stock worth $183,078,000 after purchasing an additional 28,020 shares during the period. Sumitomo Mitsui Asset Management Company LTD acquired a new position in iShares Russell 2000 Index in the 3rd quarter worth $362,000. City Holding Co. boosted its stake in iShares Russell 2000 Index by 2.9% in the 3rd quarter. City Holding Co. now owns 12,466 shares of the exchange traded fund’s stock worth $2,101,000 after purchasing an additional 352 shares during the period. Finally, CenterStar Asset Management LLC acquired a new position in iShares Russell 2000 Index in the 3rd quarter worth $1,456,000.
Shares of NYSEARCA IWM opened at $151.10 on Tuesday. iShares Russell 2000 Index has a 1-year low of $125.81 and a 1-year high of $173.39.
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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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