Keel Point LLC Has $1.47 Million Stock Position in iShares Russell 2000 ETF $IWM

Keel Point LLC cut its holdings in iShares Russell 2000 ETF (NYSEARCA:IWM) by 30.1% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 5,918 shares of the exchange traded fund’s stock after selling 2,547 shares during the quarter. Keel Point LLC’s holdings in iShares Russell 2000 ETF were worth $1,468,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of IWM. Bank of America Corp DE raised its stake in iShares Russell 2000 ETF by 633.5% during the fourth 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 acquiring an additional 51,952,453 shares in the last quarter. Rafferty Asset Management LLC boosted its stake in shares of iShares Russell 2000 ETF by 10.6% in the 2nd quarter. Rafferty Asset Management LLC now owns 6,747,829 shares of the exchange traded fund’s stock valued at $1,456,114,000 after purchasing an additional 648,801 shares in the last quarter. Northern Trust Corp grew its holdings in shares of iShares Russell 2000 ETF by 3.2% during the 4th quarter. Northern Trust Corp now owns 4,252,572 shares of the exchange traded fund’s stock valued at $1,046,813,000 after purchasing an additional 130,667 shares during the last quarter. HRT Financial LP grew its holdings in shares of iShares Russell 2000 ETF by 112.9% during the 4th quarter. HRT Financial LP now owns 4,119,165 shares of the exchange traded fund’s stock valued at $1,013,973,000 after purchasing an additional 2,184,265 shares during the last quarter. Finally, PNC Financial Services Group Inc. grew its holdings in shares of iShares Russell 2000 ETF by 6.6% during the 1st quarter. PNC Financial Services Group Inc. now owns 3,187,467 shares of the exchange traded fund’s stock valued at $790,492,000 after purchasing an additional 197,189 shares during the last quarter.

iShares Russell 2000 ETF Price Performance

IWM stock opened at $291.20 on Monday. The stock has a market cap of $80.71 billion, a price-to-earnings ratio of 17.69 and a beta of 1.10. The company has a 50 day simple moving average of $293.11 and a 200 day simple moving average of $274.24. iShares Russell 2000 ETF has a 1 year low of $212.34 and a 1 year high of $302.72.

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