Chemical Bank lifted its position in iShares Russell 2000 ETF (NYSEARCA:IWM) by 5.5% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 19,042 shares of the exchange traded fund’s stock after purchasing an additional 990 shares during the quarter. Chemical Bank’s holdings in iShares Russell 2000 ETF were worth $3,210,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. Patton Albertson Miller Group LLC purchased a new position in shares of iShares Russell 2000 ETF in the 3rd quarter worth about $109,000. Avestar Capital LLC boosted its holdings in shares of iShares Russell 2000 ETF by 70.4% in the 2nd quarter. Avestar Capital LLC now owns 726 shares of the exchange traded fund’s stock worth $118,000 after purchasing an additional 300 shares in the last quarter. Palo Capital Inc. purchased a new position in shares of iShares Russell 2000 ETF in the 3rd quarter worth about $120,000. Truvestments Capital LLC purchased a new position in shares of iShares Russell 2000 ETF in the 3rd quarter worth about $125,000. Finally, Gemmer Asset Management LLC purchased a new position in shares of iShares Russell 2000 ETF in the 3rd quarter worth about $129,000.
Shares of IWM stock opened at $154.08 on Friday. iShares Russell 2000 ETF has a 1-year low of $142.50 and a 1-year high of $173.39.
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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.
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