Mandatum Life Insurance Co Ltd Increases Stock Holdings in iShares Russell 2000 ETF $IWM

Mandatum Life Insurance Co Ltd lifted its position in iShares Russell 2000 ETF (NYSEARCA:IWM) by 27.6% during the second quarter, HoldingsChannel reports. The institutional investor owned 19,904 shares of the exchange traded fund’s stock after purchasing an additional 4,300 shares during the period. iShares Russell 2000 ETF comprises approximately 1.1% of Mandatum Life Insurance Co Ltd’s holdings, making the stock its 23rd biggest holding. Mandatum Life Insurance Co Ltd’s holdings in iShares Russell 2000 ETF were worth $4,295,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of IWM. Financial Network Wealth Advisors LLC bought a new position in shares of iShares Russell 2000 ETF in the first quarter worth approximately $29,000. Brooklyn Investment Group bought a new position in shares of iShares Russell 2000 ETF in the first quarter worth approximately $30,000. 1 North Wealth Services LLC bought a new position in shares of iShares Russell 2000 ETF in the first quarter worth approximately $34,000. Harel Insurance Investments & Financial Services Ltd. grew its position in iShares Russell 2000 ETF by 18,000.0% during the first quarter. Harel Insurance Investments & Financial Services Ltd. now owns 181 shares of the exchange traded fund’s stock valued at $36,000 after acquiring an additional 180 shares during the last quarter. Finally, Allianz SE bought a new position in iShares Russell 2000 ETF during the first quarter valued at approximately $38,000.

iShares Russell 2000 ETF Price Performance

Shares of NYSEARCA IWM opened at $244.84 on Friday. iShares Russell 2000 ETF has a one year low of $171.73 and a one year high of $245.15. The firm’s 50 day simple moving average is $228.63 and its two-hundred day simple moving average is $211.91. The stock has a market capitalization of $70.02 billion, a P/E ratio of 17.69 and a beta of 1.15.

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.