Gardner Lewis Asset Management L P Invests $2.03 Million in iShares Russell 2000 ETF $IWM

Gardner Lewis Asset Management L P acquired a new position in iShares Russell 2000 ETF (NYSEARCA:IWM) during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 8,390 shares of the exchange traded fund’s stock, valued at approximately $2,030,000.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in IWM. Empower Advisory Group LLC grew its position in shares of iShares Russell 2000 ETF by 5.8% during the 2nd quarter. Empower Advisory Group LLC now owns 8,616,866 shares of the exchange traded fund’s stock valued at $1,859,433,000 after acquiring an additional 472,801 shares during the period. JPMorgan Chase & Co. lifted its position in iShares Russell 2000 ETF by 35.3% during the second quarter. JPMorgan Chase & Co. now owns 8,178,921 shares of the exchange traded fund’s stock valued at $1,764,930,000 after purchasing an additional 2,134,779 shares in the last quarter. Rafferty Asset Management LLC lifted its position in iShares Russell 2000 ETF by 10.6% during the second 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 purchasing an additional 648,801 shares in the last quarter. Holocene Advisors LP bought a new stake in iShares Russell 2000 ETF during the second quarter valued at about $1,230,003,000. Finally, Laurel Wealth Advisors LLC increased its position in iShares Russell 2000 ETF by 22,037.5% in the second quarter. Laurel Wealth Advisors LLC now owns 2,865,477 shares of the exchange traded fund’s stock worth $618,341,000 after buying an additional 2,852,533 shares in the last quarter.

iShares Russell 2000 ETF Stock Up 0.0%

IWM stock opened at $264.61 on Friday. iShares Russell 2000 ETF has a twelve month low of $171.73 and a twelve month high of $271.60. The stock has a market cap of $75.37 billion, a P/E ratio of 17.69 and a beta of 1.13. The business’s 50-day moving average price is $258.84 and its 200-day moving average price is $246.83.

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.