Prescott Group Capital Management L.L.C. Purchases 35,000 Shares of iShares Russell 2000 ETF $IWM

Prescott Group Capital Management L.L.C. purchased a new stake in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor purchased 35,000 shares of the exchange traded fund’s stock, valued at approximately $9,726,000. iShares Russell 2000 ETF accounts for approximately 0.9% of Prescott Group Capital Management L.L.C.’s holdings, making the stock its 25th largest holding.

A number of other large investors have also added to or reduced their stakes in the company. PNC Financial Services Group Inc. boosted its holdings in shares of iShares Russell 2000 ETF by 6.6% during the first quarter. PNC Financial Services Group Inc. now owns 3,187,467 shares of the exchange traded fund’s stock worth $790,492,000 after purchasing an additional 197,189 shares during the period. AIA Group Ltd increased its holdings in iShares Russell 2000 ETF by 181.5% during the 1st quarter. AIA Group Ltd now owns 1,864,118 shares of the exchange traded fund’s stock valued at $462,301,000 after purchasing an additional 1,201,808 shares during the period. Fifth Third Bancorp raised its position in iShares Russell 2000 ETF by 61.6% during the 1st quarter. Fifth Third Bancorp now owns 957,068 shares of the exchange traded fund’s stock valued at $237,353,000 after purchasing an additional 364,779 shares during the last quarter. HighTower Advisors LLC raised its position in iShares Russell 2000 ETF by 10.9% during the 2nd quarter. HighTower Advisors LLC now owns 712,746 shares of the exchange traded fund’s stock valued at $214,144,000 after purchasing an additional 70,330 shares during the last quarter. Finally, AMG National Trust Bank raised its position in iShares Russell 2000 ETF by 4.6% during the 1st quarter. AMG National Trust Bank now owns 860,460 shares of the exchange traded fund’s stock valued at $213,394,000 after purchasing an additional 37,843 shares during the last quarter.

iShares Russell 2000 ETF Stock Performance

NYSEARCA IWM opened at $279.79 on Wednesday. iShares Russell 2000 ETF has a fifty-two week low of $228.90 and a fifty-two week high of $305.18. The stock has a 50 day simple moving average of $283.49 and a two-hundred day simple moving average of $278.73. The stock has a market cap of $75.59 billion, a P/E ratio of 17.69 and a beta of 1.14.

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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.