iShares Russell 2000 ETF $IWM Holdings Increased by ANB Bank

ANB Bank raised its position in iShares Russell 2000 ETF (NYSEARCA:IWM) by 462.1% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 83,388 shares of the exchange traded fund’s stock after purchasing an additional 68,552 shares during the period. iShares Russell 2000 ETF accounts for 8.2% of ANB Bank’s investment portfolio, making the stock its 2nd biggest position. ANB Bank’s holdings in iShares Russell 2000 ETF were worth $20,177,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the company. Quaker Wealth Management LLC grew its position in iShares Russell 2000 ETF by 211.1% during the second quarter. Quaker Wealth Management LLC now owns 120 shares of the exchange traded fund’s stock worth $26,000 after buying an additional 228 shares in the last quarter. Opal Wealth Advisors LLC bought a new stake in shares of iShares Russell 2000 ETF during the 2nd quarter valued at about $28,000. Proathlete Wealth Management LLC bought a new stake in shares of iShares Russell 2000 ETF during the 2nd quarter valued at about $30,000. Pingora Partners LLC purchased a new position in shares of iShares Russell 2000 ETF during the second quarter worth about $32,000. Finally, Beacon Capital Management Inc. purchased a new position in shares of iShares Russell 2000 ETF during the second quarter worth about $35,000.

iShares Russell 2000 ETF Trading Up 1.3%

IWM stock opened at $256.08 on Wednesday. The company’s 50 day moving average is $246.42 and its 200 day moving average is $237.09. The stock has a market cap of $76.98 billion, a price-to-earnings ratio of 17.69 and a beta of 1.13. iShares Russell 2000 ETF has a 1-year low of $171.73 and a 1-year high of $258.20.

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.