Absolute Capital Management LLC Has $2.83 Million Stock Position in iShares Russell 2000 ETF $IWM

Absolute Capital Management LLC raised its position in iShares Russell 2000 ETF (NYSEARCA:IWM) by 25.9% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,689 shares of the exchange traded fund’s stock after purchasing an additional 2,407 shares during the quarter. iShares Russell 2000 ETF makes up approximately 1.2% of Absolute Capital Management LLC’s holdings, making the stock its 22nd biggest position. Absolute Capital Management LLC’s holdings in iShares Russell 2000 ETF were worth $2,828,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Holocene Advisors LP acquired a new position in iShares Russell 2000 ETF in the second quarter worth approximately $1,230,003,000. Laurel Wealth Advisors LLC lifted its stake in iShares Russell 2000 ETF by 22,037.5% in the second quarter. Laurel Wealth Advisors LLC now owns 2,865,477 shares of the exchange traded fund’s stock valued at $618,341,000 after acquiring an additional 2,852,533 shares during the last quarter. JPMorgan Chase & Co. grew its position in iShares Russell 2000 ETF by 35.3% in the second quarter. JPMorgan Chase & Co. now owns 8,178,921 shares of the exchange traded fund’s stock worth $1,764,930,000 after acquiring an additional 2,134,779 shares in the last quarter. Symphony Financial Ltd. Co. increased its stake in shares of iShares Russell 2000 ETF by 2,789.9% during the 2nd quarter. Symphony Financial Ltd. Co. now owns 1,596,080 shares of the exchange traded fund’s stock worth $344,889,000 after purchasing an additional 1,540,850 shares during the last quarter. Finally, Durable Capital Partners LP increased its stake 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.

iShares Russell 2000 ETF Trading Down 0.5%

IWM stock opened at $263.30 on Thursday. iShares Russell 2000 ETF has a 1 year low of $171.73 and a 1 year high of $271.60. The company has a fifty day simple moving average of $253.55 and a 200 day simple moving average of $241.95. The firm has a market cap of $77.04 billion, a PE ratio of 17.69 and a beta of 1.13.

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.