iShares Russell 2000 ETF Target of Unusually Large Options Trading (NYSEARCA:IWM)

iShares Russell 2000 ETF (NYSEARCA:IWM) was the target of some unusual options trading on Monday. Stock traders acquired 2,926,744 call options on the stock. This represents an increase of approximately 71% compared to the average volume of 1,708,600 call options.

iShares Russell 2000 ETF Stock Performance

NYSEARCA IWM opened at $249.90 on Wednesday. The business has a fifty day moving average price of $245.16 and a 200 day moving average price of $232.84. The company has a market cap of $69.21 billion, a P/E ratio of 17.69 and a beta of 1.13. iShares Russell 2000 ETF has a one year low of $171.73 and a one year high of $258.20.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the business. Investment Counsel Co. of Nevada acquired a new stake in shares of iShares Russell 2000 ETF during the 3rd quarter worth approximately $26,000. Measured Wealth Private Client Group LLC purchased a new stake in shares of iShares Russell 2000 ETF in the 3rd quarter valued at approximately $28,000. Quaker Wealth Management LLC lifted its holdings in shares of iShares Russell 2000 ETF by 211.1% in the 2nd quarter. Quaker Wealth Management LLC now owns 120 shares of the exchange traded fund’s stock worth $26,000 after acquiring an additional 228 shares during the last quarter. Abich Financial Wealth Management LLC acquired a new position in shares of iShares Russell 2000 ETF in the 3rd quarter worth approximately $30,000. Finally, Opal Wealth Advisors LLC purchased a new position in shares of iShares Russell 2000 ETF during the 2nd quarter worth approximately $28,000.

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.