Ferguson Wellman Capital Management Inc. Makes New Investment in iShares Russell 2000 ETF $IWM

Ferguson Wellman Capital Management Inc. acquired a new position in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 270,000 shares of the exchange traded fund’s stock, valued at approximately $66,960,000. Ferguson Wellman Capital Management Inc. owned about 0.10% of iShares Russell 2000 ETF at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Bank of America Corp DE grew its stake in iShares Russell 2000 ETF by 633.5% in the fourth quarter. Bank of America Corp DE now owns 43,751,735 shares of the exchange traded fund’s stock valued at $10,769,927,000 after purchasing an additional 51,952,453 shares in the last quarter. Rafferty Asset Management LLC raised its stake in shares of iShares Russell 2000 ETF by 10.6% during the 2nd quarter. Rafferty Asset Management LLC now owns 6,747,829 shares of the exchange traded fund’s stock worth $1,456,114,000 after purchasing an additional 648,801 shares in the last quarter. Northern Trust Corp boosted its holdings in shares of iShares Russell 2000 ETF by 3.2% in the 4th quarter. Northern Trust Corp now owns 4,252,572 shares of the exchange traded fund’s stock valued at $1,046,813,000 after buying an additional 130,667 shares during the last quarter. HRT Financial LP boosted its holdings in shares of iShares Russell 2000 ETF by 112.9% in the 4th quarter. HRT Financial LP now owns 4,119,165 shares of the exchange traded fund’s stock valued at $1,013,973,000 after buying an additional 2,184,265 shares during the last quarter. Finally, Durable Capital Partners LP grew its stake in shares of iShares Russell 2000 ETF by 105.5% in the second quarter. Durable Capital Partners LP now owns 2,596,668 shares of the exchange traded fund’s stock valued at $560,335,000 after buying an additional 1,333,316 shares in the last quarter.

iShares Russell 2000 ETF Stock Performance

IWM traded down $1.25 during trading on Friday, reaching $295.99. 15,882,220 shares of the stock were exchanged, compared to its average volume of 35,758,820. The stock’s 50 day moving average price is $289.60 and its two-hundred day moving average price is $269.86. iShares Russell 2000 ETF has a twelve month low of $212.34 and a twelve month high of $302.72. The stock has a market cap of $82.29 billion, a P/E ratio of 17.69 and a beta of 1.10.

iShares Russell 2000 ETF 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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.