Webster Bank N. A. Purchases 2,988 Shares of iShares Russell 2000 ETF $IWM

Webster Bank N. A. grew its position in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 18.3% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 19,285 shares of the exchange traded fund’s stock after purchasing an additional 2,988 shares during the period. Webster Bank N. A.’s holdings in iShares Russell 2000 ETF were worth $4,783,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in IWM. DSG Capital Advisors LLC bought a new position in shares of iShares Russell 2000 ETF in the 4th quarter worth $1,354,000. Cobblestone Capital Advisors LLC NY lifted its holdings in shares of iShares Russell 2000 ETF by 22.5% during the 3rd quarter. Cobblestone Capital Advisors LLC NY now owns 32,691 shares of the exchange traded fund’s stock worth $7,910,000 after acquiring an additional 6,002 shares during the last quarter. Capstone Wealth Management Group LLC purchased a new position in iShares Russell 2000 ETF in the third quarter worth $6,291,000. Westwood Wealth Management purchased a new position in iShares Russell 2000 ETF in the fourth quarter worth $820,000. Finally, Citizens Business Bank grew its position in iShares Russell 2000 ETF by 15.9% in the third quarter. Citizens Business Bank now owns 39,714 shares of the exchange traded fund’s stock worth $9,609,000 after acquiring an additional 5,456 shares in the last quarter.

iShares Russell 2000 ETF Stock Up 0.9%

IWM opened at $298.18 on Tuesday. The business’s fifty day simple moving average is $282.55 and its 200 day simple moving average is $265.45. iShares Russell 2000 ETF has a 52 week low of $206.81 and a 52 week high of $299.49. The stock has a market cap of $82.80 billion, a PE ratio of 17.69 and a beta of 1.11.

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.