Traders Buy Shares of iShares Russell 2000 ETF (IWM) on Weakness

Traders purchased shares of iShares Russell 2000 ETF (NYSEARCA:IWM) on weakness during trading hours on Monday. $232.97 million flowed into the stock on the tick-up and $188.47 million flowed out of the stock on the tick-down, for a money net flow of $44.50 million into the stock. Of all companies tracked, iShares Russell 2000 ETF had the 18th highest net in-flow for the day. iShares Russell 2000 ETF traded down ($0.51) for the day and closed at $157.17

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 26th. Investors of record on Thursday, March 21st were paid a dividend of $0.4121 per share. The ex-dividend date of this dividend was Wednesday, March 20th. This represents a $1.65 dividend on an annualized basis and a yield of 1.06%.

A number of institutional investors and hedge funds have recently modified their holdings of IWM. Deutsche Bank AG bought a new position in iShares Russell 2000 ETF during the 4th quarter worth $305,656,000. Canada Pension Plan Investment Board grew its stake in iShares Russell 2000 ETF by 1,650.0% during the 4th quarter. Canada Pension Plan Investment Board now owns 1,750,000 shares of the exchange traded fund’s stock worth $234,305,000 after buying an additional 1,650,000 shares during the last quarter. SG Americas Securities LLC grew its stake in iShares Russell 2000 ETF by 192.5% during the 4th quarter. SG Americas Securities LLC now owns 1,299,978 shares of the exchange traded fund’s stock worth $174,067,000 after buying an additional 855,505 shares during the last quarter. Rafferty Asset Management LLC grew its stake in iShares Russell 2000 ETF by 35.3% during the 4th quarter. Rafferty Asset Management LLC now owns 3,232,683 shares of the exchange traded fund’s stock worth $432,856,000 after buying an additional 843,952 shares during the last quarter. Finally, IBM Retirement Fund bought a new position in iShares Russell 2000 ETF during the 4th quarter worth $103,296,000.

COPYRIGHT VIOLATION NOTICE: This story was originally reported by Markets Daily and is the sole property of of Markets Daily. If you are reading this story on another publication, it was stolen and republished in violation of United States & international trademark & copyright laws. The correct version of this story can be accessed at https://www.themarketsdaily.com/2019/04/17/traders-buy-shares-of-ishares-russell-2000-etf-iwm-on-weakness.html.

iShares Russell 2000 ETF Company Profile (NYSEARCA:IWM)

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.

Further Reading: Why investors pay attention to retained earnings

Receive News & Ratings for iShares Russell 2000 ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Russell 2000 ETF and related companies with MarketBeat.com's FREE daily email newsletter.