Parsons Capital Management Inc. RI Increases Stock Holdings in iShares Russell 2000 ETF $IWM

Parsons Capital Management Inc. RI increased its holdings in iShares Russell 2000 ETF (NYSEARCA:IWM) by 159.2% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,723 shares of the exchange traded fund’s stock after buying an additional 2,901 shares during the period. Parsons Capital Management Inc. RI’s holdings in iShares Russell 2000 ETF were worth $1,163,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in IWM. Rafferty Asset Management LLC increased its holdings in iShares Russell 2000 ETF by 10.6% during the 2nd quarter. Rafferty Asset Management LLC now owns 6,747,829 shares of the exchange traded fund’s stock valued at $1,456,114,000 after acquiring an additional 648,801 shares in the last quarter. Holocene Advisors LP purchased a new stake in shares of iShares Russell 2000 ETF in the second quarter valued at about $1,230,003,000. Durable Capital Partners LP lifted its holdings in shares of iShares Russell 2000 ETF by 105.5% in the second quarter. Durable Capital Partners LP now owns 2,596,668 shares of the exchange traded fund’s stock valued at $560,335,000 after purchasing an additional 1,333,316 shares in the last quarter. Treasurer of the State of North Carolina grew its position in shares of iShares Russell 2000 ETF by 38.2% in the second quarter. Treasurer of the State of North Carolina now owns 2,015,990 shares of the exchange traded fund’s stock valued at $435,030,000 after purchasing an additional 557,755 shares during the last quarter. Finally, Envestnet Asset Management Inc. grew its position in shares of iShares Russell 2000 ETF by 25.5% in the third quarter. Envestnet Asset Management Inc. now owns 1,967,246 shares of the exchange traded fund’s stock valued at $475,995,000 after purchasing an additional 400,017 shares during the last quarter.

iShares Russell 2000 ETF Price Performance

Shares of IWM opened at $243.10 on Friday. iShares Russell 2000 ETF has a 1-year low of $171.73 and a 1-year high of $271.60. The stock has a market cap of $69.25 billion, a price-to-earnings ratio of 17.69 and a beta of 1.13. The firm has a 50 day simple moving average of $258.55 and a 200-day simple moving average of $250.75.

iShares Russell 2000 ETF 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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.