Fifth Third Bancorp Purchases 364,779 Shares of iShares Russell 2000 ETF $IWM

Fifth Third Bancorp raised its position in iShares Russell 2000 ETF (NYSEARCA:IWM) by 61.6% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 957,068 shares of the exchange traded fund’s stock after purchasing an additional 364,779 shares during the quarter. Fifth Third Bancorp’s holdings in iShares Russell 2000 ETF were worth $237,353,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in IWM. Acumen Wealth Advisors LLC acquired a new stake in iShares Russell 2000 ETF during the 4th quarter worth approximately $27,000. Measured Wealth Private Client Group LLC acquired a new position in iShares Russell 2000 ETF in the 3rd quarter valued at approximately $28,000. Osbon Capital Management LLC acquired a new position in iShares Russell 2000 ETF in the 4th quarter valued at approximately $31,000. Columbia Asset Management bought a new position in shares of iShares Russell 2000 ETF during the fourth quarter valued at $32,000. Finally, Tucker Asset Management LLC bought a new position in shares of iShares Russell 2000 ETF during the fourth quarter valued at $32,000.

iShares Russell 2000 ETF Stock Performance

Shares of NYSEARCA:IWM traded down $1.25 during mid-day trading on Friday, reaching $295.99. 15,882,220 shares of the company’s stock were exchanged, compared to its average volume of 35,758,820. iShares Russell 2000 ETF has a twelve month low of $212.34 and a twelve month high of $302.72. The firm has a market capitalization of $82.29 billion, a price-to-earnings ratio of 17.69 and a beta of 1.10. The business’s fifty day moving average price is $289.60 and its 200-day moving average price is $269.86.

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