Investors Buy Shares of iShares Russell 2000 Index (IWM) on Weakness

Traders purchased shares of iShares Russell 2000 Index (NYSE:IWM) on weakness during trading on Monday. $226.07 million flowed into the stock on the tick-up and $178.36 million flowed out of the stock on the tick-down, for a money net flow of $47.71 million into the stock. Of all stocks tracked, iShares Russell 2000 Index had the 13th highest net in-flow for the day. iShares Russell 2000 Index traded down ($0.62) for the day and closed at $149.43

The stock’s 50 day moving average price is $142.17 and its 200-day moving average price is $139.66.

The firm also recently announced a quarterly dividend, which was paid on Friday, September 29th. Investors of record on Wednesday, September 27th were issued a $0.3485 dividend. The ex-dividend date of this dividend was Tuesday, September 26th. This represents a $1.39 dividend on an annualized basis and a dividend yield of 0.93%.

Several institutional investors and hedge funds have recently bought and sold shares of IWM. Osborne Partners Capital Management LLC acquired a new stake in shares of iShares Russell 2000 Index in the 2nd quarter worth about $214,000. Investment Partners Ltd. OH ADV raised its holdings in shares of iShares Russell 2000 Index by 1.3% in the 2nd quarter. Investment Partners Ltd. OH ADV now owns 6,964 shares of the exchange traded fund’s stock worth $981,000 after acquiring an additional 90 shares during the last quarter. Greenleaf Trust raised its holdings in shares of iShares Russell 2000 Index by 2,302.2% in the 2nd quarter. Greenleaf Trust now owns 38,748 shares of the exchange traded fund’s stock worth $5,460,000 after acquiring an additional 37,135 shares during the last quarter. Berkshire Asset Management LLC PA raised its holdings in shares of iShares Russell 2000 Index by 10.9% in the 2nd quarter. Berkshire Asset Management LLC PA now owns 8,295 shares of the exchange traded fund’s stock worth $1,169,000 after acquiring an additional 816 shares during the last quarter. Finally, Cue Financial Group Inc. raised its holdings in shares of iShares Russell 2000 Index by 4.3% in the 2nd quarter. Cue Financial Group Inc. now owns 4,841 shares of the exchange traded fund’s stock worth $682,000 after acquiring an additional 200 shares during the last quarter.

ILLEGAL ACTIVITY WARNING: This news story was first reported by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are accessing this news story on another domain, it was stolen and reposted in violation of U.S. and international copyright and trademark law. The legal version of this news story can be accessed at https://ledgergazette.com/2017/10/09/investors-buy-shares-of-ishares-russell-2000-index-iwm-on-weakness.html.

iShares Russell 2000 Index 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.

Receive News & Ratings for iShares Russell 2000 Index Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Russell 2000 Index and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply