Moment Partners LLC Makes New Investment in iShares Russell 2000 ETF (NYSEARCA:IWM)

Moment Partners LLC acquired a new position in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 53,430 shares of the exchange traded fund’s stock, valued at approximately $11,806,000. iShares Russell 2000 ETF accounts for approximately 2.2% of Moment Partners LLC’s investment portfolio, making the stock its 11th biggest position.

Several other institutional investors have also recently made changes to their positions in IWM. Algert Global LLC raised its stake in shares of iShares Russell 2000 ETF by 27.3% during the 3rd quarter. Algert Global LLC now owns 12,776 shares of the exchange traded fund’s stock worth $2,822,000 after buying an additional 2,739 shares during the period. Loomis Sayles & Co. L P raised its position in iShares Russell 2000 ETF by 502.8% during the third quarter. Loomis Sayles & Co. L P now owns 21,225 shares of the exchange traded fund’s stock worth $4,688,000 after acquiring an additional 17,704 shares during the period. Truvestments Capital LLC purchased a new position in iShares Russell 2000 ETF during the third quarter valued at $128,000. The Manufacturers Life Insurance Company lifted its holdings in iShares Russell 2000 ETF by 3,015.6% during the third quarter. The Manufacturers Life Insurance Company now owns 207,033 shares of the exchange traded fund’s stock valued at $45,732,000 after purchasing an additional 200,388 shares in the last quarter. Finally, Cadence Bank acquired a new stake in shares of iShares Russell 2000 ETF in the third quarter valued at about $672,000.

iShares Russell 2000 ETF Stock Down 1.0 %

IWM stock opened at $205.59 on Thursday. iShares Russell 2000 ETF has a 52 week low of $191.34 and a 52 week high of $244.98. The firm has a 50-day simple moving average of $217.40 and a 200-day simple moving average of $222.64. The stock has a market capitalization of $66.45 billion, a P/E ratio of 16.20 and a beta of 1.19.

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.