Prudential Financial Inc. Buys 14,974 Shares of iShares Russell 2000 ETF $IWM

Prudential Financial Inc. lifted its stake in iShares Russell 2000 ETF (NYSEARCA:IWM) by 8.9% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 184,170 shares of the exchange traded fund’s stock after purchasing an additional 14,974 shares during the period. Prudential Financial Inc.’s holdings in iShares Russell 2000 ETF were worth $39,742,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Quaker Wealth Management LLC raised its stake in iShares Russell 2000 ETF by 211.1% in the second quarter. Quaker Wealth Management LLC now owns 120 shares of the exchange traded fund’s stock worth $26,000 after buying an additional 228 shares in the last quarter. Opal Wealth Advisors LLC purchased a new position in shares of iShares Russell 2000 ETF during the 2nd quarter worth approximately $28,000. Financial Network Wealth Advisors LLC bought a new position in shares of iShares Russell 2000 ETF in the 1st quarter worth approximately $29,000. Brooklyn Investment Group bought a new position in shares of iShares Russell 2000 ETF in the 1st quarter worth approximately $30,000. Finally, Proathlete Wealth Management LLC purchased a new position in shares of iShares Russell 2000 ETF in the 2nd quarter valued at approximately $30,000.

iShares Russell 2000 ETF Stock Up 1.8%

NYSEARCA IWM opened at $239.90 on Tuesday. The firm has a market capitalization of $66.44 billion, a PE ratio of 17.69 and a beta of 1.13. The stock’s 50 day moving average is $242.77 and its 200 day moving average is $227.88. iShares Russell 2000 ETF has a twelve month low of $171.73 and a twelve month high of $252.77.

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.