Ascent Capital Management LLC Raises Position in iShares Russell 2000 ETF $IWM

Ascent Capital Management LLC lifted its position in iShares Russell 2000 ETF (NYSEARCA:IWM) by 18.6% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 9,823 shares of the exchange traded fund’s stock after purchasing an additional 1,542 shares during the quarter. iShares Russell 2000 ETF accounts for about 1.9% of Ascent Capital Management LLC’s holdings, making the stock its 12th largest holding. Ascent Capital Management LLC’s holdings in iShares Russell 2000 ETF were worth $2,120,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of IWM. ORG Partners LLC grew its stake in shares of iShares Russell 2000 ETF by 53.0% during the second quarter. ORG Partners LLC now owns 2,165 shares of the exchange traded fund’s stock valued at $472,000 after buying an additional 750 shares during the last quarter. Meridian Investment Counsel Inc. grew its stake in shares of iShares Russell 2000 ETF by 2.5% during the second quarter. Meridian Investment Counsel Inc. now owns 17,947 shares of the exchange traded fund’s stock valued at $3,873,000 after buying an additional 438 shares during the last quarter. Patton Fund Management Inc. grew its stake in shares of iShares Russell 2000 ETF by 4.8% during the second quarter. Patton Fund Management Inc. now owns 74,161 shares of the exchange traded fund’s stock valued at $16,003,000 after buying an additional 3,400 shares during the last quarter. Southern Capital Advisors LLC grew its stake in shares of iShares Russell 2000 ETF by 7.8% during the second quarter. Southern Capital Advisors LLC now owns 7,927 shares of the exchange traded fund’s stock valued at $1,711,000 after buying an additional 574 shares during the last quarter. Finally, Rebalance LLC grew its stake in shares of iShares Russell 2000 ETF by 3.1% during the second quarter. Rebalance LLC now owns 14,855 shares of the exchange traded fund’s stock valued at $3,206,000 after buying an additional 442 shares during the last quarter.

iShares Russell 2000 ETF Trading Up 0.9%

Shares of NYSEARCA:IWM opened at $241.34 on Friday. The stock’s 50-day moving average price is $231.08 and its 200-day moving average price is $213.46. iShares Russell 2000 ETF has a 12-month low of $171.73 and a 12-month high of $247.18. The stock has a market capitalization of $69.02 billion, a P/E ratio of 17.69 and a beta of 1.15.

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.