Mirae Asset Global Investments Co. Ltd. Makes New Investment in iShares Russell 2000 ETF $IWM

Mirae Asset Global Investments Co. Ltd. acquired a new stake in iShares Russell 2000 ETF (NYSEARCA:IWM) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 27,927 shares of the exchange traded fund’s stock, valued at approximately $6,757,000.

A number of other large investors also recently bought and sold shares of the business. Mystic Asset Management Inc. raised its position in shares of iShares Russell 2000 ETF by 5.2% in the 3rd quarter. Mystic Asset Management Inc. now owns 3,149 shares of the exchange traded fund’s stock worth $762,000 after acquiring an additional 155 shares in the last quarter. Tobias Financial Advisors Inc. purchased a new position in shares of iShares Russell 2000 ETF in the 3rd quarter valued at approximately $231,000. Valeo Financial Advisors LLC raised its holdings in shares of iShares Russell 2000 ETF by 0.5% in the third quarter. Valeo Financial Advisors LLC now owns 103,632 shares of the exchange traded fund’s stock worth $25,075,000 after buying an additional 545 shares during the last quarter. Truist Financial Corp lifted its position in iShares Russell 2000 ETF by 13.3% during the 3rd quarter. Truist Financial Corp now owns 1,363,817 shares of the exchange traded fund’s stock worth $329,989,000 after acquiring an additional 159,988 shares during the period. Finally, Summit Investment Advisory Services LLC purchased a new position in shares of iShares Russell 2000 ETF in the third quarter worth about $505,000.

iShares Russell 2000 ETF Trading Down 1.4%

Shares of NYSEARCA IWM opened at $259.65 on Friday. The stock has a market cap of $75.03 billion, a price-to-earnings ratio of 17.69 and a beta of 1.13. The company has a 50 day simple moving average of $254.72 and a two-hundred day simple moving average of $242.52. iShares Russell 2000 ETF has a 12 month low of $171.73 and a 12 month high of $271.60.

iShares Russell 2000 ETF 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.