Allstate Corp Acquires New Holdings in iShares Russell 2000 ETF $IWM

Allstate Corp bought a new position in iShares Russell 2000 ETF (NYSEARCA:IWM) in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 6,825 shares of the exchange traded fund’s stock, valued at approximately $1,651,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of IWM. Quaker Wealth Management LLC lifted its position in iShares Russell 2000 ETF by 211.1% during the 2nd quarter. Quaker Wealth Management LLC now owns 120 shares of the exchange traded fund’s stock worth $26,000 after acquiring an additional 228 shares during the period. Opal Wealth Advisors LLC acquired a new stake in shares of iShares Russell 2000 ETF in the second quarter worth $28,000. Pingora Partners LLC acquired a new position in shares of iShares Russell 2000 ETF in the 2nd quarter valued at about $32,000. Beacon Capital Management Inc. acquired a new stake in shares of iShares Russell 2000 ETF during the 2nd quarter valued at about $35,000. Finally, Pineridge Advisors LLC increased its position in shares of iShares Russell 2000 ETF by 93.9% in the second quarter. Pineridge Advisors LLC now owns 190 shares of the exchange traded fund’s stock valued at $41,000 after buying an additional 92 shares in the last quarter.

iShares Russell 2000 ETF Trading Down 1.2%

Shares of iShares Russell 2000 ETF stock opened at $262.58 on Wednesday. The firm’s 50-day moving average price is $250.02 and its 200 day moving average price is $240.25. The firm has a market capitalization of $76.88 billion, a PE ratio of 17.69 and a beta of 1.13. iShares Russell 2000 ETF has a twelve month low of $171.73 and a twelve month high of $267.21.

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.