iShares Russell 2000 ETF (NYSEARCA:IWM) Reaches New 1-Year High – Here’s What Happened

iShares Russell 2000 ETF (NYSEARCA:IWM)’s share price reached a new 52-week high on Friday . The stock traded as high as $294.00 and last traded at $293.60, with a volume of 6790487 shares trading hands. The stock had previously closed at $290.41.

iShares Russell 2000 ETF Trading Up 0.9%

The company has a market capitalization of $81.35 billion, a P/E ratio of 17.69 and a beta of 1.11. The business’s fifty day moving average price is $276.97 and its 200 day moving average price is $263.05.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of IWM. Bank of America Corp DE increased its holdings in shares of iShares Russell 2000 ETF by 633.5% in the fourth quarter. Bank of America Corp DE now owns 43,751,735 shares of the exchange traded fund’s stock valued at $10,769,927,000 after purchasing an additional 51,952,453 shares during the last quarter. CTC LLC increased 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 valued at $82,102,000 after purchasing an additional 13,804,173 shares during the last quarter. HRT Financial LP grew its stake 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 valued at $1,013,973,000 after acquiring an additional 2,184,265 shares in the last quarter. Jump Financial LLC grew its stake in shares of iShares Russell 2000 ETF by 452.0% in the fourth quarter. Jump Financial LLC now owns 1,655,028 shares of the exchange traded fund’s stock valued at $407,402,000 after acquiring an additional 1,355,215 shares in the last quarter. Finally, Durable Capital Partners LP raised its holdings in iShares Russell 2000 ETF by 105.5% in the 2nd quarter. Durable Capital Partners LP now owns 2,596,668 shares of the exchange traded fund’s stock valued at $560,335,000 after buying an additional 1,333,316 shares during the last quarter.

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.