Eastern Bank Boosts Position in iShares Russell 2000 ETF $IWM

Eastern Bank grew its position in iShares Russell 2000 ETF (NYSEARCA:IWM) by 44.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 21,131 shares of the exchange traded fund’s stock after buying an additional 6,472 shares during the quarter. Eastern Bank’s holdings in iShares Russell 2000 ETF were worth $5,202,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Rafferty Asset Management LLC raised its position in iShares Russell 2000 ETF by 10.6% during the second quarter. Rafferty Asset Management LLC now owns 6,747,829 shares of the exchange traded fund’s stock worth $1,456,114,000 after acquiring an additional 648,801 shares during the last quarter. Holocene Advisors LP acquired a new position in shares of iShares Russell 2000 ETF during the 2nd quarter worth approximately $1,230,003,000. Durable Capital Partners LP raised its position in shares of iShares Russell 2000 ETF by 105.5% during the 2nd 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 during the last quarter. Treasurer of the State of North Carolina lifted its stake in iShares Russell 2000 ETF by 38.2% in the 2nd quarter. Treasurer of the State of North Carolina now owns 2,015,990 shares of the exchange traded fund’s stock valued at $435,030,000 after buying an additional 557,755 shares in the last quarter. Finally, Envestnet Asset Management Inc. grew its holdings in iShares Russell 2000 ETF by 25.5% during the 3rd quarter. Envestnet Asset Management Inc. now owns 1,967,246 shares of the exchange traded fund’s stock valued at $475,995,000 after buying an additional 400,017 shares during the last quarter.

iShares Russell 2000 ETF Stock Performance

iShares Russell 2000 ETF stock opened at $243.10 on Friday. iShares Russell 2000 ETF has a fifty-two week low of $171.73 and a fifty-two week high of $271.60. The company has a market capitalization of $69.25 billion, a price-to-earnings ratio of 17.69 and a beta of 1.13. The stock has a fifty day moving average of $258.55 and a two-hundred day moving average of $250.85.

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.