Abbot Financial Management Inc. Raises Stake in iShares Russell 2000 ETF (NYSEARCA:IWM)

Abbot Financial Management Inc. increased its stake in iShares Russell 2000 ETF (NYSEARCA:IWM) by 0.6% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 12,700 shares of the exchange traded fund’s stock after purchasing an additional 80 shares during the quarter. iShares Russell 2000 ETF accounts for 1.4% of Abbot Financial Management Inc.’s investment portfolio, making the stock its 18th largest position. Abbot Financial Management Inc.’s holdings in iShares Russell 2000 ETF were worth $2,577,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently made changes to their positions in IWM. Rafferty Asset Management LLC raised its position in iShares Russell 2000 ETF by 84.1% during the fourth quarter. Rafferty Asset Management LLC now owns 8,584,687 shares of the exchange traded fund’s stock worth $1,723,033,000 after acquiring an additional 3,921,131 shares during the last quarter. Natixis acquired a new position in shares of iShares Russell 2000 ETF during the 1st quarter worth approximately $441,651,000. JPMorgan Chase & Co. lifted its stake in iShares Russell 2000 ETF by 44.7% in the 1st quarter. JPMorgan Chase & Co. now owns 6,009,724 shares of the exchange traded fund’s stock valued at $1,263,845,000 after buying an additional 1,856,738 shares in the last quarter. Pathstone Holdings LLC purchased a new stake in iShares Russell 2000 ETF in the 4th quarter valued at approximately $184,171,000. Finally, IMC Chicago LLC acquired a new stake in iShares Russell 2000 ETF during the 4th quarter valued at $170,162,000.

iShares Russell 2000 ETF Price Performance

NYSEARCA IWM opened at $217.67 on Tuesday. iShares Russell 2000 ETF has a fifty-two week low of $161.67 and a fifty-two week high of $228.63. The business has a fifty day moving average of $214.06 and a 200-day moving average of $206.82.

iShares Russell 2000 ETF Company Profile

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.