iShares Russell 2000 ETF $IWM is Mirae Asset Securities USA Inc.’s 3rd Largest Position

Mirae Asset Securities USA Inc. cut its holdings in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 6.5% during the first quarter, Holdings Channel.com reports. The fund owned 1,015,994 shares of the exchange traded fund’s stock after selling 70,537 shares during the period. iShares Russell 2000 ETF accounts for approximately 9.3% of Mirae Asset Securities USA Inc.’s portfolio, making the stock its 3rd largest position. Mirae Asset Securities USA Inc.’s holdings in iShares Russell 2000 ETF were worth $251,967,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Clare Market Investments LLC bought a new stake in iShares Russell 2000 ETF in the 1st quarter valued at $228,000. Downshift Financial LLC boosted its stake in iShares Russell 2000 ETF by 6.0% during the first quarter. Downshift Financial LLC now owns 1,186 shares of the exchange traded fund’s stock valued at $324,000 after buying an additional 67 shares during the last quarter. Integrated Advisors Network LLC boosted its position in shares of iShares Russell 2000 ETF by 49.1% during the 1st quarter. Integrated Advisors Network LLC now owns 66,954 shares of the exchange traded fund’s stock valued at $16,605,000 after acquiring an additional 22,063 shares during the last quarter. Kiley Juergens Wealth Management LLC bought a new position in iShares Russell 2000 ETF during the first quarter valued at $1,891,000. Finally, Beacon Bank & Trust grew its position in iShares Russell 2000 ETF by 11.5% in the first quarter. Beacon Bank & Trust now owns 1,318 shares of the exchange traded fund’s stock worth $327,000 after acquiring an additional 136 shares in the last quarter.

iShares Russell 2000 ETF Stock Performance

Shares of iShares Russell 2000 ETF stock opened at $296.19 on Wednesday. The stock has a 50 day moving average price of $288.33 and a 200-day moving average price of $269.04. The stock has a market cap of $81.33 billion, a price-to-earnings ratio of 17.69 and a beta of 1.10. iShares Russell 2000 ETF has a one year low of $212.34 and a one year high of $302.72.

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.