First Foundation Advisors Grows Stake in iShares Russell 2000 ETF $IWM

First Foundation Advisors increased its holdings in iShares Russell 2000 ETF (NYSEARCA:IWM) by 7.9% during the fourth quarter, Holdings Channel reports. The firm owned 129,460 shares of the exchange traded fund’s stock after acquiring an additional 9,505 shares during the quarter. iShares Russell 2000 ETF makes up 1.2% of First Foundation Advisors’ portfolio, making the stock its 19th biggest holding. First Foundation Advisors’ holdings in iShares Russell 2000 ETF were worth $31,868,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Rafferty Asset Management LLC raised its position in shares of iShares Russell 2000 ETF by 10.6% during the second quarter. Rafferty Asset Management LLC now owns 6,747,829 shares of the exchange traded fund’s stock valued at $1,456,114,000 after buying an additional 648,801 shares during the last quarter. Durable Capital Partners LP boosted its position in shares of iShares Russell 2000 ETF by 105.5% during the second quarter. Durable Capital Partners LP now owns 2,596,668 shares of the exchange traded fund’s stock worth $560,335,000 after acquiring an additional 1,333,316 shares during the last quarter. Envestnet Asset Management Inc. grew its stake in iShares Russell 2000 ETF by 25.5% during the third quarter. Envestnet Asset Management Inc. now owns 1,967,246 shares of the exchange traded fund’s stock valued at $475,995,000 after acquiring an additional 400,017 shares in the last quarter. IMC Chicago LLC increased its holdings in iShares Russell 2000 ETF by 344.2% in the 4th quarter. IMC Chicago LLC now owns 1,585,486 shares of the exchange traded fund’s stock valued at $390,283,000 after acquiring an additional 1,228,526 shares during the last quarter. Finally, Varma Mutual Pension Insurance Co increased its holdings in iShares Russell 2000 ETF by 926.9% in the 3rd quarter. Varma Mutual Pension Insurance Co now owns 1,458,061 shares of the exchange traded fund’s stock valued at $352,792,000 after acquiring an additional 1,316,074 shares during the last quarter.

iShares Russell 2000 ETF Stock Down 1.0%

Shares of IWM stock opened at $282.57 on Wednesday. The company’s fifty day simple moving average is $261.65 and its two-hundred day simple moving average is $256.32. iShares Russell 2000 ETF has a 52 week low of $199.65 and a 52 week high of $287.58. The stock has a market cap of $78.47 billion, a P/E ratio of 17.69 and a beta of 1.11.

iShares Russell 2000 ETF Company 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.