Hsbc Holdings PLC Acquires 122,535 Shares of iShares Russell 2000 ETF $IWM

Hsbc Holdings PLC raised its holdings in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 28.7% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 549,740 shares of the exchange traded fund’s stock after acquiring an additional 122,535 shares during the period. Hsbc Holdings PLC’s holdings in iShares Russell 2000 ETF were worth $135,672,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Investment Counsel Co. of Nevada bought a new stake in shares of iShares Russell 2000 ETF in the 3rd quarter valued at about $26,000. Acumen Wealth Advisors LLC purchased a new stake in iShares Russell 2000 ETF during the 4th quarter valued at about $27,000. Measured Wealth Private Client Group LLC bought a new position in iShares Russell 2000 ETF during the 3rd quarter worth approximately $28,000. Columbia Asset Management bought a new position in iShares Russell 2000 ETF during the 4th quarter worth approximately $32,000. Finally, Tucker Asset Management LLC bought a new position in iShares Russell 2000 ETF during the 4th quarter worth approximately $32,000.

iShares Russell 2000 ETF Price Performance

Shares of iShares Russell 2000 ETF stock opened at $295.59 on Monday. iShares Russell 2000 ETF has a one year low of $206.81 and a one year high of $297.91. The business’s 50 day simple moving average is $281.83 and its two-hundred day simple moving average is $265.07. The stock has a market capitalization of $82.09 billion, a P/E ratio of 17.69 and a beta of 1.11.

About iShares Russell 2000 ETF

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.