UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Increases Stake in iShares Russell 2000 ETF $IWM

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in iShares Russell 2000 ETF (NYSEARCA:IWM) by 21.7% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 143,441 shares of the exchange traded fund’s stock after purchasing an additional 25,561 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in iShares Russell 2000 ETF were worth $43,097,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. 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 purchased a new position in iShares Russell 2000 ETF in the 3rd quarter worth approximately $28,000. Osbon Capital Management LLC bought a new stake in iShares Russell 2000 ETF in the fourth quarter valued at approximately $31,000. Tower View Wealth Management LLC bought a new stake in iShares Russell 2000 ETF in the first quarter valued at approximately $32,000. Finally, Tucker Asset Management LLC purchased a new stake in shares of iShares Russell 2000 ETF during the fourth quarter valued at approximately $32,000.

iShares Russell 2000 ETF Stock Performance

Shares of iShares Russell 2000 ETF stock opened at $295.19 on Friday. iShares Russell 2000 ETF has a 52-week low of $228.90 and a 52-week high of $305.18. The stock has a market capitalization of $81.25 billion, a price-to-earnings ratio of 17.69 and a beta of 1.11. The company’s 50 day moving average price is $297.05 and its 200-day moving average price is $280.23.

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.