Purpose Unlimited Inc. Buys Shares of 18,584 iShares Russell 2000 ETF $IWM

Purpose Unlimited Inc. purchased a new stake in iShares Russell 2000 ETF (NYSEARCA:IWM) during the fourth quarter, according to its most recent filing with the SEC. The firm purchased 18,584 shares of the exchange traded fund’s stock, valued at approximately $4,575,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Bank of America Corp DE grew its position in iShares Russell 2000 ETF by 633.5% during the 4th quarter. Bank of America Corp DE now owns 43,751,735 shares of the exchange traded fund’s stock worth $10,769,927,000 after purchasing an additional 51,952,453 shares during the last quarter. CTC LLC raised its holdings in shares of iShares Russell 2000 ETF by 102.5% in the third quarter. CTC LLC now owns 339,320 shares of the exchange traded fund’s stock worth $82,102,000 after buying an additional 13,804,173 shares during the last quarter. HRT Financial LP raised its holdings in shares of iShares Russell 2000 ETF by 112.9% in the fourth quarter. HRT Financial LP now owns 4,119,165 shares of the exchange traded fund’s stock worth $1,013,973,000 after buying an additional 2,184,265 shares during the last quarter. Jump Financial LLC lifted its stake in shares of iShares Russell 2000 ETF by 452.0% during the fourth quarter. Jump Financial LLC now owns 1,655,028 shares of the exchange traded fund’s stock worth $407,402,000 after buying an additional 1,355,215 shares during the period. Finally, Durable Capital Partners LP lifted its stake in shares of iShares Russell 2000 ETF by 105.5% during the second quarter. Durable Capital Partners LP now owns 2,596,668 shares of the exchange traded fund’s stock worth $560,335,000 after buying an additional 1,333,316 shares during the period.

iShares Russell 2000 ETF Price Performance

Shares of IWM opened at $295.59 on Friday. The company’s fifty day moving average price is $281.83 and its 200-day moving average price is $264.94. iShares Russell 2000 ETF has a 1-year low of $206.81 and a 1-year high of $297.91. The firm has a market capitalization of $82.09 billion, a PE ratio of 17.69 and a beta of 1.11.

About iShares Russell 2000 ETF

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.