Mirae Asset Global Investments Co. Ltd. Makes New Investment in iShares Russell 2000 ETF $IWM

Mirae Asset Global Investments Co. Ltd. acquired a new stake in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 3,264 shares of the exchange traded fund’s stock, valued at approximately $907,000.

Several other institutional investors have also bought and sold shares of the stock. HighTower Advisors LLC boosted its stake in iShares Russell 2000 ETF by 10.9% during the 2nd quarter. HighTower Advisors LLC now owns 712,746 shares of the exchange traded fund’s stock valued at $214,144,000 after purchasing an additional 70,330 shares in the last quarter. Wedmont Private Capital increased its position in shares of iShares Russell 2000 ETF by 16.7% during the 2nd quarter. Wedmont Private Capital now owns 17,876 shares of the exchange traded fund’s stock valued at $5,291,000 after purchasing an additional 2,552 shares during the period. RFG Advisory LLC raised its stake in shares of iShares Russell 2000 ETF by 253.3% in the 2nd quarter. RFG Advisory LLC now owns 18,947 shares of the exchange traded fund’s stock worth $5,693,000 after buying an additional 13,584 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in shares of iShares Russell 2000 ETF by 21.7% in the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 143,441 shares of the exchange traded fund’s stock worth $43,097,000 after buying an additional 25,561 shares in the last quarter. Finally, Corient Private Wealth LP raised its stake in shares of iShares Russell 2000 ETF by 4.8% in the 2nd quarter. Corient Private Wealth LP now owns 524,135 shares of the exchange traded fund’s stock worth $157,477,000 after buying an additional 23,954 shares in the last quarter.

iShares Russell 2000 ETF Price Performance

Shares of iShares Russell 2000 ETF stock opened at $273.67 on Monday. The firm has a market cap of $74.64 billion, a price-to-earnings ratio of 17.69 and a beta of 1.14. The business has a fifty day simple moving average of $282.11 and a 200-day simple moving average of $278.90. iShares Russell 2000 ETF has a fifty-two week low of $228.90 and a fifty-two week high of $305.18.

About iShares Russell 2000 ETF

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.