Hsbc Holdings PLC Purchases 122,535 Shares of iShares Russell 2000 ETF $IWM

Hsbc Holdings PLC raised its position in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 28.7% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 549,740 shares of the exchange traded fund’s stock after purchasing an additional 122,535 shares during the period. Hsbc Holdings PLC owned approximately 0.19% of iShares Russell 2000 ETF worth $135,672,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Investment Counsel Co. of Nevada purchased a new position in shares of iShares Russell 2000 ETF in the 3rd quarter worth about $26,000. Acumen Wealth Advisors LLC bought a new position in shares of iShares Russell 2000 ETF during the 4th quarter valued at about $27,000. Measured Wealth Private Client Group LLC purchased a new position in shares of iShares Russell 2000 ETF during the 3rd quarter valued at about $28,000. Columbia Asset Management purchased a new position in shares of iShares Russell 2000 ETF during the 4th quarter valued at about $32,000. Finally, Tucker Asset Management LLC bought a new stake in iShares Russell 2000 ETF in the 4th quarter worth approximately $32,000.

iShares Russell 2000 ETF Price Performance

NYSEARCA:IWM opened at $295.59 on Monday. The company has a market capitalization of $82.09 billion, a price-to-earnings ratio of 17.69 and a beta of 1.11. The business has a 50 day moving average of $281.83 and a 200 day moving average of $265.07. iShares Russell 2000 ETF has a 1-year low of $206.81 and a 1-year high of $297.91.

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.