Royal Fund Management LLC purchased a new position in iShares Russell 2000 ETF (NYSEARCA:IWM) during the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 317 shares of the exchange traded fund’s stock, valued at approximately $36,000.
Other institutional investors have also modified their holdings of the company. Independent Family Office LLC bought a new stake in iShares Russell 2000 ETF in the fourth quarter worth about $7,617,000. Capital One National Association purchased a new position in iShares Russell 2000 ETF in the 4th quarter worth about $7,850,000. Cabana LLC purchased a new position in iShares Russell 2000 ETF in the 4th quarter worth about $81,000. Bank of New York Mellon Corp increased its stake in iShares Russell 2000 ETF by 1.4% in the 4th quarter. Bank of New York Mellon Corp now owns 1,172,553 shares of the exchange traded fund’s stock worth $194,257,000 after purchasing an additional 15,685 shares in the last quarter. Finally, Bay Rivers Group purchased a new position in iShares Russell 2000 ETF in the 4th quarter worth about $2,733,000.
Shares of IWM opened at $134.89 on Friday. The business’s 50-day moving average price is $122.88 and its 200 day moving average price is $146.91. iShares Russell 2000 ETF has a 1-year low of $95.69 and a 1-year high of $170.56.
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.
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