New Republic Capital LLC Has $280,000 Holdings in iShares Russell 2000 ETF (NYSEARCA:IWM)

New Republic Capital LLC cut its stake in iShares Russell 2000 ETF (NYSEARCA:IWM) by 28.5% in the first quarter, Holdings Channel.com reports. The firm owned 1,402 shares of the exchange traded fund’s stock after selling 558 shares during the quarter. New Republic Capital LLC’s holdings in iShares Russell 2000 ETF were worth $280,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Itau Unibanco Holding S.A. bought a new stake in iShares Russell 2000 ETF during the 4th quarter worth about $27,631,000. Nuveen Asset Management LLC raised its holdings in shares of iShares Russell 2000 ETF by 66.9% in the 4th quarter. Nuveen Asset Management LLC now owns 10,980 shares of the exchange traded fund’s stock valued at $2,426,000 after purchasing an additional 4,400 shares during the period. Corebridge Financial Inc. raised its holdings in shares of iShares Russell 2000 ETF by 16.4% in the 4th quarter. Corebridge Financial Inc. now owns 7,100 shares of the exchange traded fund’s stock valued at $1,569,000 after purchasing an additional 1,000 shares during the period. Legal & General Group Plc raised its holdings in shares of iShares Russell 2000 ETF by 20.2% in the 4th quarter. Legal & General Group Plc now owns 3,272 shares of the exchange traded fund’s stock valued at $723,000 after purchasing an additional 550 shares during the period. Finally, NSI Retail Advisors LLC raised its holdings in shares of iShares Russell 2000 ETF by 71.5% in the 4th quarter. NSI Retail Advisors LLC now owns 225,300 shares of the exchange traded fund’s stock valued at $49,782,000 after purchasing an additional 93,900 shares during the period.

iShares Russell 2000 ETF Stock Performance

Shares of IWM stock opened at $224.38 on Monday. The firm’s 50-day moving average is $214.38 and its 200-day moving average is $209.91. The stock has a market cap of $65.03 billion, a price-to-earnings ratio of 17.69 and a beta of 1.15. iShares Russell 2000 ETF has a 52-week low of $171.73 and a 52-week high of $244.98.

iShares Russell 2000 ETF 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.