Mechanics Bank Trust Department Has $1.52 Million Position in iShares Russell 2000 ETF $IWM

Mechanics Bank Trust Department raised its position in iShares Russell 2000 ETF (NYSEARCA:IWM) by 49.4% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 5,070 shares of the exchange traded fund’s stock after purchasing an additional 1,676 shares during the period. Mechanics Bank Trust Department’s holdings in iShares Russell 2000 ETF were worth $1,523,000 as of its most recent filing with the SEC.

Other hedge funds also recently bought and sold shares of the company. Brighton Jones LLC grew its stake in iShares Russell 2000 ETF by 2.6% in the fourth quarter. Brighton Jones LLC now owns 87,732 shares of the exchange traded fund’s stock valued at $19,385,000 after acquiring an additional 2,221 shares during the period. Revolve Wealth Partners LLC raised its position in shares of iShares Russell 2000 ETF by 13.2% during the fourth quarter. Revolve Wealth Partners LLC now owns 12,233 shares of the exchange traded fund’s stock worth $2,703,000 after purchasing an additional 1,431 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in shares of iShares Russell 2000 ETF by 16.3% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 9,300 shares of the exchange traded fund’s stock worth $1,855,000 after purchasing an additional 1,300 shares during the period. FSC Wealth Advisors LLC lifted its holdings in shares of iShares Russell 2000 ETF by 416.6% during the 2nd quarter. FSC Wealth Advisors LLC now owns 22,515 shares of the exchange traded fund’s stock valued at $4,859,000 after purchasing an additional 18,157 shares in the last quarter. Finally, Sei Investments Co. lifted its holdings in shares of iShares Russell 2000 ETF by 22.3% during the 2nd quarter. Sei Investments Co. now owns 16,320 shares of the exchange traded fund’s stock valued at $3,522,000 after purchasing an additional 2,975 shares in the last quarter.

iShares Russell 2000 ETF Stock Performance

Shares of IWM opened at $299.77 on Thursday. The stock has a 50 day simple moving average of $293.74 and a 200 day simple moving average of $275.00. iShares Russell 2000 ETF has a 52-week low of $218.51 and a 52-week high of $303.06. The firm has a market capitalization of $82.51 billion, a PE ratio of 17.69 and a beta of 1.11.

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.