Northern Trust Corp Raises Stock Holdings in iShares Russell 2000 ETF (NYSEARCA:IWM)

Northern Trust Corp increased its stake in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 5.5% in the fourth quarter, HoldingsChannel reports. The firm owned 4,022,610 shares of the exchange traded fund’s stock after buying an additional 209,752 shares during the period. Northern Trust Corp’s holdings in iShares Russell 2000 ETF were worth $888,836,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in IWM. Marshall & Sterling Wealth Advisors Inc. acquired a new position in iShares Russell 2000 ETF during the 4th quarter valued at about $129,000. Earnest Partners LLC increased its position in iShares Russell 2000 ETF by 687.8% during the 4th quarter. Earnest Partners LLC now owns 87,167 shares of the exchange traded fund’s stock valued at $19,260,000 after buying an additional 76,102 shares in the last quarter. Whalerock Point Partners LLC increased its position in iShares Russell 2000 ETF by 11.4% during the 4th quarter. Whalerock Point Partners LLC now owns 4,508 shares of the exchange traded fund’s stock valued at $996,000 after buying an additional 461 shares in the last quarter. Betterment LLC increased its position in iShares Russell 2000 ETF by 10.8% during the 4th quarter. Betterment LLC now owns 6,110 shares of the exchange traded fund’s stock valued at $1,350,000 after buying an additional 595 shares in the last quarter. Finally, Berger Financial Group Inc acquired a new position in iShares Russell 2000 ETF during the 4th quarter valued at about $261,000.

iShares Russell 2000 ETF Price Performance

Shares of NYSEARCA:IWM opened at $194.94 on Tuesday. The business’s 50-day moving average is $198.56 and its 200 day moving average is $217.67. iShares Russell 2000 ETF has a 1 year low of $171.73 and a 1 year high of $244.98. The firm has a market capitalization of $61.04 billion, a P/E ratio of 15.40 and a beta of 1.12.

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.