Basso Capital Management L.P. Has $1.34 Million Position in iShares Russell 2000 ETF $IWM

Basso Capital Management L.P. lifted its position in iShares Russell 2000 ETF (NYSEARCA:IWM) by 3,372.3% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,521 shares of the exchange traded fund’s stock after buying an additional 5,362 shares during the period. iShares Russell 2000 ETF comprises 0.9% of Basso Capital Management L.P.’s holdings, making the stock its 22nd largest position. Basso Capital Management L.P.’s holdings in iShares Russell 2000 ETF were worth $1,336,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of IWM. Investment Counsel Co. of Nevada acquired a new stake in shares of iShares Russell 2000 ETF in the third quarter valued at about $26,000. Abich Financial Wealth Management LLC bought a new position in iShares Russell 2000 ETF in the third quarter valued at approximately $30,000. GGM Financials LLC acquired a new position in shares of iShares Russell 2000 ETF during the 3rd quarter worth approximately $35,000. Pingora Partners LLC acquired a new position in shares of iShares Russell 2000 ETF during the 2nd quarter worth approximately $32,000. Finally, Beacon Capital Management Inc. bought a new stake in shares of iShares Russell 2000 ETF during the 2nd quarter worth approximately $35,000.

iShares Russell 2000 ETF Trading Down 0.1%

Shares of IWM opened at $253.36 on Wednesday. The company has a market cap of $72.17 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 $271.60. The company’s fifty day simple moving average is $260.96 and its 200 day simple moving average is $249.84.

iShares Russell 2000 ETF 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.