Kovack Advisors Inc. Increases Holdings in iShares Russell 2000 ETF $IWM

Kovack Advisors Inc. boosted its position in iShares Russell 2000 ETF (NYSEARCA:IWM) by 586.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 19,748 shares of the exchange traded fund’s stock after buying an additional 16,871 shares during the period. Kovack Advisors Inc.’s holdings in iShares Russell 2000 ETF were worth $4,861,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Rafferty Asset Management LLC increased its stake in shares of iShares Russell 2000 ETF by 10.6% in the second quarter. Rafferty Asset Management LLC now owns 6,747,829 shares of the exchange traded fund’s stock worth $1,456,114,000 after acquiring an additional 648,801 shares during the period. Durable Capital Partners LP boosted its holdings in iShares Russell 2000 ETF by 105.5% in the second quarter. Durable Capital Partners LP now owns 2,596,668 shares of the exchange traded fund’s stock valued at $560,335,000 after purchasing an additional 1,333,316 shares during the last quarter. Cibc World Market Inc. raised its stake in shares of iShares Russell 2000 ETF by 36.4% during the 4th quarter. Cibc World Market Inc. now owns 1,869,465 shares of the exchange traded fund’s stock valued at $460,188,000 after buying an additional 499,263 shares during the last quarter. IMC Chicago LLC lifted its holdings in shares of 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 buying an additional 1,228,526 shares during the period. Finally, Varma Mutual Pension Insurance Co grew its holdings in iShares Russell 2000 ETF by 926.9% during the third quarter. Varma Mutual Pension Insurance Co now owns 1,458,061 shares of the exchange traded fund’s stock worth $352,792,000 after acquiring an additional 1,316,074 shares during the period.

iShares Russell 2000 ETF Trading Up 3.0%

Shares of IWM stock opened at $290.41 on Friday. iShares Russell 2000 ETF has a twelve month low of $206.81 and a twelve month high of $292.88. The stock has a market cap of $80.65 billion, a P/E ratio of 17.69 and a beta of 1.11. The stock has a 50 day moving average of $276.97 and a 200 day moving average of $263.05.

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.