Mitsubishi UFJ Morgan Stanley Securities Co. Ltd. Purchases New Stake in iShares Russell 2000 ETF $IWM

Mitsubishi UFJ Morgan Stanley Securities Co. Ltd. acquired a new stake in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) during the first quarter, Holdings Channel reports. The fund acquired 2,526 shares of the exchange traded fund’s stock, valued at approximately $626,000. iShares Russell 2000 ETF comprises about 1.5% of Mitsubishi UFJ Morgan Stanley Securities Co. Ltd.’s portfolio, making the stock its 7th biggest position.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Acumen Wealth Advisors LLC acquired a new stake in shares of iShares Russell 2000 ETF in the 4th quarter valued at about $27,000. Measured Wealth Private Client Group LLC acquired a new position in iShares Russell 2000 ETF in the third quarter worth about $28,000. Osbon Capital Management LLC acquired a new position in iShares Russell 2000 ETF in the fourth quarter worth about $31,000. Columbia Asset Management bought a new stake in iShares Russell 2000 ETF in the fourth quarter valued at about $32,000. Finally, Tucker Asset Management LLC bought a new stake in iShares Russell 2000 ETF in the fourth quarter valued at about $32,000.

iShares Russell 2000 ETF Stock Down 0.9%

Shares of NYSEARCA IWM opened at $293.48 on Thursday. The stock’s 50 day moving average price is $288.66 and its two-hundred day moving average price is $269.35. iShares Russell 2000 ETF has a 52-week low of $212.34 and a 52-week high of $302.72. The stock has a market capitalization of $80.59 billion, a P/E ratio of 17.69 and a beta of 1.10.

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.