iShares Russell 2000 Index (NYSE:IWM) was the recipient of a large decrease in short interest in July. As of July 14th, there was short interest totalling 90,629,343 shares, a decrease of 5.8% from the June 30th total of 96,182,464 shares. Based on an average daily volume of 19,013,258 shares, the days-to-cover ratio is currently 4.8 days.
Several large investors have recently made changes to their positions in IWM. Osborne Partners Capital Management LLC purchased a new stake in shares of iShares Russell 2000 Index during the second quarter valued at about $214,000. Investment Partners Ltd. OH ADV raised its stake in shares of iShares Russell 2000 Index by 1.3% in the second quarter. Investment Partners Ltd. OH ADV now owns 6,964 shares of the exchange traded fund’s stock valued at $981,000 after buying an additional 90 shares in the last quarter. Greenleaf Trust raised its stake in shares of iShares Russell 2000 Index by 2,302.2% in the second quarter. Greenleaf Trust now owns 38,748 shares of the exchange traded fund’s stock valued at $5,460,000 after buying an additional 37,135 shares in the last quarter. Berkshire Asset Management LLC PA raised its stake in shares of iShares Russell 2000 Index by 10.9% in the second quarter. Berkshire Asset Management LLC PA now owns 8,295 shares of the exchange traded fund’s stock valued at $1,169,000 after buying an additional 816 shares in the last quarter. Finally, Cue Financial Group Inc. raised its stake in shares of iShares Russell 2000 Index by 4.3% in the second quarter. Cue Financial Group Inc. now owns 4,841 shares of the exchange traded fund’s stock valued at $682,000 after buying an additional 200 shares in the last quarter.
Shares of iShares Russell 2000 Index (NYSE IWM) opened at 140.21 on Friday. iShares Russell 2000 Index has a 12 month low of $114.88 and a 12 month high of $144.25. The firm has a 50-day moving average of $141.39 and a 200 day moving average of $138.28.
The company also recently declared a quarterly dividend, which was paid on Wednesday, July 12th. Stockholders of record on Monday, July 10th were issued a dividend of $0.6091 per share. This represents a $2.44 annualized dividend and a dividend yield of 1.74%. This is a positive change from iShares Russell 2000 Index’s previous quarterly dividend of $0.39. The ex-dividend date was Thursday, July 6th.
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About iShares Russell 2000 Index
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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