Traders Buy Shares of iShares Russell 2000 Index (IWM) on Weakness

Investors bought shares of iShares Russell 2000 Index (NYSEARCA:IWM) on weakness during trading hours on Wednesday. $233.41 million flowed into the stock on the tick-up and $189.99 million flowed out of the stock on the tick-down, for a money net flow of $43.42 million into the stock. Of all equities tracked, iShares Russell 2000 Index had the 20th highest net in-flow for the day. iShares Russell 2000 Index traded down ($0.15) for the day and closed at $153.13

The firm has a market cap of $44,070.00 and a price-to-earnings ratio of 38.43.

The business also recently disclosed a quarterly dividend, which was paid on Thursday, December 28th. Shareholders of record on Friday, December 22nd were issued a dividend of $0.5793 per share. This represents a $2.32 annualized dividend and a yield of 1.51%. The ex-dividend date of this dividend was Thursday, December 21st. This is an increase from iShares Russell 2000 Index’s previous quarterly dividend of $0.35. iShares Russell 2000 Index’s payout ratio is presently 48.00%.

A number of hedge funds and other institutional investors have recently bought and sold shares of IWM. Edge Wealth Management LLC increased its holdings in shares of iShares Russell 2000 Index by 1,138.2% in the 3rd quarter. Edge Wealth Management LLC now owns 681 shares of the exchange traded fund’s stock valued at $101,000 after purchasing an additional 626 shares during the period. Capital Analysts LLC increased its holdings in shares of iShares Russell 2000 Index by 19.0% in the 2nd quarter. Capital Analysts LLC now owns 734 shares of the exchange traded fund’s stock valued at $103,000 after purchasing an additional 117 shares during the period. LeJeune Puetz Investment Counsel LLC acquired a new position in shares of iShares Russell 2000 Index in the 3rd quarter valued at about $104,000. Tiedemann Wealth Management LLC increased its holdings in shares of iShares Russell 2000 Index by 33.3% in the 3rd quarter. Tiedemann Wealth Management LLC now owns 14,757 shares of the exchange traded fund’s stock valued at $115,000 after purchasing an additional 3,685 shares during the period. Finally, FNY Managed Accounts LLC acquired a new position in shares of iShares Russell 2000 Index in the 3rd quarter valued at about $118,000.

TRADEMARK VIOLATION NOTICE: “Traders Buy Shares of iShares Russell 2000 Index (IWM) on Weakness” was originally reported by Week Herald and is the sole property of of Week Herald. If you are accessing this news story on another website, it was copied illegally and reposted in violation of United States and international trademark & copyright law. The original version of this news story can be read at https://weekherald.com/2017/12/29/traders-buy-shares-of-ishares-russell-2000-index-iwm-on-weakness.html.

iShares Russell 2000 Index 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.

Receive News & Ratings for iShares Russell 2000 Index Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Russell 2000 Index and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply