Park Avenue Securities LLC raised its holdings in iShares Russell 2000 ETF (NYSEARCA:IWM) by 472.8% in the 1st quarter, according to the company in its most recent filing with the SEC. The firm owned 36,842 shares of the exchange traded fund’s stock after acquiring an additional 30,410 shares during the quarter. Park Avenue Securities LLC’s holdings in iShares Russell 2000 ETF were worth $8,140,000 as of its most recent SEC filing.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Focused Wealth Management Inc bought a new stake in shares of iShares Russell 2000 ETF during the fourth quarter valued at approximately $25,000. Truvestments Capital LLC grew its holdings in iShares Russell 2000 ETF by 378.6% during the 4th quarter. Truvestments Capital LLC now owns 134 shares of the exchange traded fund’s stock valued at $25,000 after buying an additional 106 shares in the last quarter. Sterling Financial Planning Inc. purchased a new stake in shares of iShares Russell 2000 ETF in the 4th quarter valued at about $28,000. GPS Wealth Strategies Group LLC bought a new stake in shares of iShares Russell 2000 ETF during the 1st quarter worth $31,000. Finally, Filbrandt Wealth Management LLC bought a new position in shares of iShares Russell 2000 ETF during the 1st quarter valued at about $33,000. 94.94% of the stock is currently owned by hedge funds and other institutional investors.
Shares of NYSEARCA:IWM traded down $4.47 during trading on Tuesday, reaching $221.52. 863,213 shares of the company traded hands, compared to its average volume of 29,927,314. iShares Russell 2000 ETF has a 52-week low of $117.18 and a 52-week high of $234.53. The business’s fifty day moving average is $223.82 and its 200-day moving average is $208.70.
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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