Washington Trust Bank Raises Stake in iShares Russell 2000 ETF $IWM

Washington Trust Bank boosted its stake in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 57.6% in the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 17,491 shares of the exchange traded fund’s stock after purchasing an additional 6,393 shares during the period. Washington Trust Bank’s holdings in iShares Russell 2000 ETF were worth $5,255,000 as of its most recent filing with the SEC.

Several other institutional investors also recently added to or reduced their stakes in IWM. Toth Financial Advisory Corp raised its position in iShares Russell 2000 ETF by 22.0% in the second quarter. Toth Financial Advisory Corp now owns 10,389 shares of the exchange traded fund’s stock worth $3,121,000 after acquiring an additional 1,871 shares during the period. Investors Asset Management of Georgia Inc. GA ADV grew its position in shares of iShares Russell 2000 ETF by 1.9% during the 2nd quarter. Investors Asset Management of Georgia Inc. GA ADV now owns 26,244 shares of the exchange traded fund’s stock valued at $7,885,000 after acquiring an additional 484 shares during the period. Roffman Miller Associates Inc. PA grew its position in shares of iShares Russell 2000 ETF by 3.8% during the 2nd quarter. Roffman Miller Associates Inc. PA now owns 1,219 shares of the exchange traded fund’s stock valued at $366,000 after acquiring an additional 45 shares during the period. Security Benefit Life Insurance Co. KS purchased a new stake in shares of iShares Russell 2000 ETF during the 2nd quarter worth approximately $601,000. Finally, Hsbc Holdings PLC increased its stake in shares of iShares Russell 2000 ETF by 29.4% during the 2nd quarter. Hsbc Holdings PLC now owns 377,742 shares of the exchange traded fund’s stock worth $113,443,000 after purchasing an additional 85,777 shares during the last quarter.

iShares Russell 2000 ETF Trading Down 1.4%

NYSEARCA:IWM opened at $295.75 on Friday. The stock has a market capitalization of $81.41 billion, a PE ratio of 17.69 and a beta of 1.11. The firm’s 50 day moving average is $297.35 and its 200 day moving average is $279.30. iShares Russell 2000 ETF has a 12 month low of $228.90 and a 12 month high of $305.18.

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.