Webster Bank N. A. Raises Stake in iShares Russell 2000 ETF $IWM

Webster Bank N. A. raised its holdings in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 18.3% during the first quarter, Holdings Channel reports. The fund owned 19,285 shares of the exchange traded fund’s stock after buying an additional 2,988 shares during the period. Webster Bank N. A.’s holdings in iShares Russell 2000 ETF were worth $4,783,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Investment Counsel Co. of Nevada bought a new stake in shares of iShares Russell 2000 ETF in the 3rd quarter worth approximately $26,000. Acumen Wealth Advisors LLC bought a new position in shares of iShares Russell 2000 ETF during the 4th quarter valued at $27,000. Measured Wealth Private Client Group LLC bought a new position in shares of iShares Russell 2000 ETF during the 3rd quarter valued at $28,000. Osbon Capital Management LLC bought a new position in shares of iShares Russell 2000 ETF during the 4th quarter valued at $31,000. Finally, Columbia Asset Management purchased a new position in iShares Russell 2000 ETF in the 4th quarter worth $32,000.

iShares Russell 2000 ETF Stock Up 0.9%

iShares Russell 2000 ETF stock opened at $298.18 on Tuesday. The company has a market capitalization of $82.80 billion, a PE ratio of 17.69 and a beta of 1.11. The firm has a fifty day simple moving average of $282.55 and a two-hundred day simple moving average of $265.45. iShares Russell 2000 ETF has a twelve month low of $206.81 and a twelve month high of $299.49.

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.