Traders Buy iShares Russell 2000 Index (IWM) on Weakness

Traders bought shares of iShares Russell 2000 Index (NYSE:IWM) on weakness during trading on Thursday. $251.33 million flowed into the stock on the tick-up and $234.54 million flowed out of the stock on the tick-down, for a money net flow of $16.79 million into the stock. Of all companies tracked, iShares Russell 2000 Index had the 21st highest net in-flow for the day. iShares Russell 2000 Index traded down ($0.23) for the day and closed at $149.29

The firm has a 50-day moving average of $145.18 and a 200-day moving average of $140.50.

The firm also recently disclosed 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 annualized dividend and a yield of 0.93%.

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Koch Industries Inc. lifted its holdings in iShares Russell 2000 Index by 32,654.1% in the second quarter. Koch Industries Inc. now owns 23,306,528 shares of the exchange traded fund’s stock valued at $23,142,000 after buying an additional 23,235,372 shares during the period. JPMorgan Chase & Co. lifted its holdings in iShares Russell 2000 Index by 0.6% in the second quarter. JPMorgan Chase & Co. now owns 12,955,435 shares of the exchange traded fund’s stock valued at $1,825,679,000 after buying an additional 75,460 shares during the period. PNC Financial Services Group Inc. lifted its holdings in iShares Russell 2000 Index by 2.9% in the second quarter. PNC Financial Services Group Inc. now owns 4,106,605 shares of the exchange traded fund’s stock valued at $578,703,000 after buying an additional 116,110 shares during the period. Harbour Capital Advisors LLC lifted its holdings in iShares Russell 2000 Index by 13,454.5% in the second quarter. Harbour Capital Advisors LLC now owns 2,345,613 shares of the exchange traded fund’s stock valued at $16,645,000 after buying an additional 2,328,308 shares during the period. Finally, Quantitative Investment Management LLC raised its holdings in iShares Russell 2000 Index by 119.2% in the second quarter. Quantitative Investment Management LLC now owns 1,983,500 shares of the exchange traded fund’s stock worth $279,514,000 after purchasing an additional 1,078,800 shares during the period.

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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.

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