Alpine Bank Wealth Management purchased a new stake in shares of iShares Russell 2000 ETF (NYSEARCA:IWM – Free Report) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 53,917 shares of the exchange traded fund’s stock, valued at approximately $10,756,000. iShares Russell 2000 ETF accounts for 1.7% of Alpine Bank Wealth Management’s holdings, making the stock its 10th largest position.
Other institutional investors have also added to or reduced their stakes in the company. Amundi increased its stake in shares of iShares Russell 2000 ETF by 1,894.7% during the fourth quarter. Amundi now owns 1,895 shares of the exchange traded fund’s stock valued at $420,000 after purchasing an additional 1,800 shares in the last quarter. Itau Unibanco Holding S.A. bought a new position in shares of iShares Russell 2000 ETF during the fourth quarter valued at approximately $27,631,000. Nuveen Asset Management LLC increased its stake in shares of iShares Russell 2000 ETF by 66.9% during the fourth quarter. Nuveen Asset Management LLC now owns 10,980 shares of the exchange traded fund’s stock valued at $2,426,000 after purchasing an additional 4,400 shares in the last quarter. Corebridge Financial Inc. increased its stake in shares of iShares Russell 2000 ETF by 16.4% during the fourth quarter. Corebridge Financial Inc. now owns 7,100 shares of the exchange traded fund’s stock valued at $1,569,000 after purchasing an additional 1,000 shares in the last quarter. Finally, Legal & General Group Plc increased its stake in shares of iShares Russell 2000 ETF by 20.2% during the fourth quarter. Legal & General Group Plc now owns 3,272 shares of the exchange traded fund’s stock valued at $723,000 after purchasing an additional 550 shares in the last quarter.
iShares Russell 2000 ETF Stock Up 1.3%
NYSEARCA:IWM opened at $214.47 on Wednesday. The company’s 50 day moving average price is $203.21 and its 200-day moving average price is $210.81. iShares Russell 2000 ETF has a 52 week low of $171.73 and a 52 week high of $244.98. The stock has a market cap of $63.38 billion, a price-to-earnings ratio of 17.69 and a beta of 1.11.
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.
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