Permanent Capital Management LP Takes Position in iShares Russell 2000 ETF $IWM

Permanent Capital Management LP bought a new position in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) in the third quarter, according to the company in its most recent filing with the SEC. The fund bought 4,744 shares of the exchange traded fund’s stock, valued at approximately $1,148,000.

Other hedge funds have also recently bought and sold shares of the company. Holocene Advisors LP acquired a new stake in shares of iShares Russell 2000 ETF in the second quarter worth $1,230,003,000. Laurel Wealth Advisors LLC increased its holdings in iShares Russell 2000 ETF by 22,037.5% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 2,865,477 shares of the exchange traded fund’s stock valued at $618,341,000 after purchasing an additional 2,852,533 shares in the last quarter. JPMorgan Chase & Co. raised its position in iShares Russell 2000 ETF by 35.3% in the second quarter. JPMorgan Chase & Co. now owns 8,178,921 shares of the exchange traded fund’s stock valued at $1,764,930,000 after purchasing an additional 2,134,779 shares during the period. Symphony Financial Ltd. Co. raised its position in iShares Russell 2000 ETF by 2,789.9% in the second quarter. Symphony Financial Ltd. Co. now owns 1,596,080 shares of the exchange traded fund’s stock valued at $344,889,000 after purchasing an additional 1,540,850 shares during the period. Finally, Durable Capital Partners LP lifted its stake in shares of iShares Russell 2000 ETF by 105.5% during the second quarter. Durable Capital Partners LP now owns 2,596,668 shares of the exchange traded fund’s stock worth $560,335,000 after purchasing an additional 1,333,316 shares in the last quarter.

iShares Russell 2000 ETF Stock Performance

IWM stock opened at $251.42 on Monday. iShares Russell 2000 ETF has a 1 year low of $171.73 and a 1 year high of $258.20. The firm has a market cap of $69.63 billion, a P/E ratio of 17.69 and a beta of 1.13. The stock has a 50-day simple moving average of $246.13 and a 200-day simple moving average of $235.13.

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