US Bancorp DE Has $574.84 Million Stake in iShares Russell 2000 ETF $IWM

US Bancorp DE trimmed its holdings in iShares Russell 2000 ETF (NYSEARCA:IWM) by 32.9% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 2,663,880 shares of the exchange traded fund’s stock after selling 1,305,159 shares during the period. iShares Russell 2000 ETF comprises about 0.7% of US Bancorp DE’s investment portfolio, making the stock its 27th largest holding. US Bancorp DE owned about 0.91% of iShares Russell 2000 ETF worth $574,839,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Opal Wealth Advisors LLC bought a new stake in shares of iShares Russell 2000 ETF in the second quarter valued at about $28,000. Financial Network Wealth Advisors LLC bought a new stake in shares of iShares Russell 2000 ETF in the first quarter valued at about $29,000. Brooklyn Investment Group bought a new stake in shares of iShares Russell 2000 ETF in the first quarter valued at about $30,000. Proathlete Wealth Management LLC bought a new stake in shares of iShares Russell 2000 ETF in the second quarter valued at about $30,000. Finally, 1 North Wealth Services LLC bought a new stake in shares of iShares Russell 2000 ETF in the first quarter valued at about $34,000.

iShares Russell 2000 ETF Price Performance

Shares of iShares Russell 2000 ETF stock opened at $246.72 on Thursday. The firm has a market cap of $71.17 billion, a price-to-earnings ratio of 17.69 and a beta of 1.15. The stock’s 50-day moving average is $234.40 and its 200-day moving average is $215.72. iShares Russell 2000 ETF has a one year low of $171.73 and a one year high of $248.48.

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.