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

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

iShares Russell 2000 ETF Price Performance

Shares of NYSEARCA IWM opened at $251.93 on Tuesday. The stock has a market capitalization of $69.77 billion, a price-to-earnings ratio of 17.69 and a beta of 1.13. iShares Russell 2000 ETF has a fifty-two week low of $171.73 and a fifty-two week high of $258.20. The business has a 50-day moving average of $245.05 and a 200-day moving average of $232.53.

Hedge Funds Weigh In On iShares Russell 2000 ETF

Large investors have recently modified their holdings of the stock. Quaker Wealth Management LLC boosted its position in shares of iShares Russell 2000 ETF by 211.1% during 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 in the last quarter. Investment Counsel Co. of Nevada acquired a new position in shares of iShares Russell 2000 ETF during the third quarter worth approximately $26,000. Opal Wealth Advisors LLC bought a new position in shares of iShares Russell 2000 ETF in the 2nd quarter worth $28,000. Measured Wealth Private Client Group LLC acquired a new stake in iShares Russell 2000 ETF in the 3rd quarter valued at $28,000. Finally, Brooklyn Investment Group acquired a new position in iShares Russell 2000 ETF during the 1st quarter valued at about $30,000.

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.