Krane Financial Solutions LLC Buys New Stake in iShares Russell 2000 ETF $IWM

Krane Financial Solutions LLC bought a new stake in iShares Russell 2000 ETF (NYSEARCA:IWM) during the first quarter, HoldingsChannel reports. The institutional investor bought 18,619 shares of the exchange traded fund’s stock, valued at approximately $4,617,000. iShares Russell 2000 ETF accounts for 3.1% of Krane Financial Solutions LLC’s holdings, making the stock its 14th biggest holding.

A number of other large investors also recently added to or reduced their stakes in IWM. Bank of America Corp DE grew its stake in shares of iShares Russell 2000 ETF by 633.5% in the fourth quarter. Bank of America Corp DE now owns 43,751,735 shares of the exchange traded fund’s stock valued at $10,769,927,000 after buying an additional 51,952,453 shares in the last quarter. HRT Financial LP lifted its stake in iShares Russell 2000 ETF by 112.9% during the 4th quarter. HRT Financial LP now owns 4,119,165 shares of the exchange traded fund’s stock worth $1,013,973,000 after acquiring an additional 2,184,265 shares in the last quarter. Jump Financial LLC lifted its stake in iShares Russell 2000 ETF by 452.0% during the 4th quarter. Jump Financial LLC now owns 1,655,028 shares of the exchange traded fund’s stock worth $407,402,000 after acquiring an additional 1,355,215 shares in the last quarter. Durable Capital Partners LP boosted its holdings in iShares Russell 2000 ETF by 105.5% during the 2nd quarter. Durable Capital Partners LP now owns 2,596,668 shares of the exchange traded fund’s stock valued at $560,335,000 after acquiring an additional 1,333,316 shares during the period. Finally, IMC Chicago LLC boosted its holdings in iShares Russell 2000 ETF by 344.2% during 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 period.

iShares Russell 2000 ETF Price Performance

NYSEARCA IWM opened at $291.20 on Friday. The company has a market cap of $80.71 billion, a P/E ratio of 17.69 and a beta of 1.10. The stock has a 50-day moving average of $293.11 and a two-hundred day moving average of $274.15. iShares Russell 2000 ETF has a 1-year low of $212.34 and a 1-year high of $302.72.

iShares Russell 2000 ETF 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.