Webster Bank N. A. decreased its position in iShares Russell 2000 ETF (NYSEARCA:IWM) by 2.8% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 17,186 shares of the exchange traded fund’s stock after selling 494 shares during the period. Webster Bank N. A.’s holdings in iShares Russell 2000 ETF were worth $2,461,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in IWM. Summit Trail Advisors LLC acquired a new position in iShares Russell 2000 ETF during the first quarter worth approximately $7,995,000. Cabana LLC acquired a new position in iShares Russell 2000 ETF in the fourth quarter valued at $81,000. Bank of New York Mellon Corp raised its holdings in shares of iShares Russell 2000 ETF by 1.4% in the fourth quarter. Bank of New York Mellon Corp now owns 1,172,553 shares of the exchange traded fund’s stock valued at $194,257,000 after buying an additional 15,685 shares during the last quarter. AXA boosted its stake in shares of iShares Russell 2000 ETF by 13.4% during the first quarter. AXA now owns 4,958 shares of the exchange traded fund’s stock worth $567,000 after buying an additional 586 shares during the period. Finally, Independent Family Office LLC boosted its stake in shares of iShares Russell 2000 ETF by 21.0% during the first quarter. Independent Family Office LLC now owns 55,638 shares of the exchange traded fund’s stock worth $6,368,000 after buying an additional 9,662 shares during the period.
IWM stock traded down $4.15 during trading on Thursday, hitting $137.79. The company had a trading volume of 12,937,887 shares, compared to its average volume of 35,930,668. The firm has a 50-day moving average price of $140.78 and a 200-day moving average price of $142.38. iShares Russell 2000 ETF has a 1-year low of $95.69 and a 1-year high of $170.56.
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.
Featured Story: Do stock splits help investors?
Receive News & Ratings for iShares Russell 2000 ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Russell 2000 ETF and related companies with MarketBeat.com's FREE daily email newsletter.