Portland Global Advisors LLC Has $14.81 Million Stock Position in iShares Russell 2000 ETF $IWM

Portland Global Advisors LLC decreased its position in iShares Russell 2000 ETF (NYSEARCA:IWM) by 3.6% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 60,144 shares of the exchange traded fund’s stock after selling 2,237 shares during the period. iShares Russell 2000 ETF makes up 1.6% of Portland Global Advisors LLC’s portfolio, making the stock its 21st largest position. Portland Global Advisors LLC’s holdings in iShares Russell 2000 ETF were worth $14,805,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Rafferty Asset Management LLC boosted its stake in iShares Russell 2000 ETF by 10.6% in the 2nd quarter. Rafferty Asset Management LLC now owns 6,747,829 shares of the exchange traded fund’s stock worth $1,456,114,000 after purchasing an additional 648,801 shares during the period. Durable Capital Partners LP boosted its stake in iShares Russell 2000 ETF by 105.5% in the 2nd quarter. Durable Capital Partners LP now owns 2,596,668 shares of the exchange traded fund’s stock worth $560,335,000 after purchasing an additional 1,333,316 shares during the period. Envestnet Asset Management Inc. boosted its stake in iShares Russell 2000 ETF by 25.5% in the 3rd quarter. Envestnet Asset Management Inc. now owns 1,967,246 shares of the exchange traded fund’s stock worth $475,995,000 after purchasing an additional 400,017 shares during the period. IMC Chicago LLC boosted its stake 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 worth $390,283,000 after purchasing an additional 1,228,526 shares during the period. Finally, Varma Mutual Pension Insurance Co boosted its stake 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 worth $352,792,000 after purchasing an additional 1,316,074 shares during the period.

iShares Russell 2000 ETF Trading Down 0.5%

Shares of NYSEARCA IWM opened at $290.43 on Friday. The firm has a market cap of $80.65 billion, a PE ratio of 17.69 and a beta of 1.11. iShares Russell 2000 ETF has a 1-year low of $202.67 and a 1-year high of $292.74. The company has a fifty day moving average price of $269.62 and a 200 day moving average price of $259.73.

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.