Citizens Business Bank Boosts Stock Position in iShares Russell 2000 ETF $IWM

Citizens Business Bank grew its stake in iShares Russell 2000 ETF (NYSEARCA:IWM) by 15.9% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 39,714 shares of the exchange traded fund’s stock after acquiring an additional 5,456 shares during the quarter. iShares Russell 2000 ETF accounts for 1.6% of Citizens Business Bank’s portfolio, making the stock its 15th biggest holding. Citizens Business Bank’s holdings in iShares Russell 2000 ETF were worth $9,609,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently modified their holdings of the stock. Quaker Wealth Management LLC raised its position in shares of iShares Russell 2000 ETF by 211.1% in the 2nd quarter. Quaker Wealth Management LLC now owns 120 shares of the exchange traded fund’s stock worth $26,000 after purchasing an additional 228 shares during the last quarter. Abich Financial Wealth Management LLC bought a new stake in iShares Russell 2000 ETF during the 3rd quarter valued at about $30,000. Pingora Partners LLC bought a new stake in iShares Russell 2000 ETF during the 2nd quarter valued at about $32,000. Beacon Capital Management Inc. purchased a new position in iShares Russell 2000 ETF in the second quarter worth about $35,000. Finally, GGM Financials LLC bought a new position in shares of iShares Russell 2000 ETF in the third quarter worth approximately $35,000.

iShares Russell 2000 ETF Stock Up 0.5%

NYSEARCA:IWM opened at $264.58 on Thursday. The stock has a market cap of $75.37 billion, a price-to-earnings ratio of 17.69 and a beta of 1.13. The company’s 50 day moving average price is $259.63 and its 200-day moving average price is $247.72. iShares Russell 2000 ETF has a 52 week low of $171.73 and a 52 week high of $271.60.

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.