JPMorgan Chase & Co. Grows Holdings in iShares Russell 2000 ETF $IWM

JPMorgan Chase & Co. lifted its stake in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 35.3% in the second quarter, Holdings Channel reports. The institutional investor owned 8,178,921 shares of the exchange traded fund’s stock after buying an additional 2,134,779 shares during the quarter. JPMorgan Chase & Co.’s holdings in iShares Russell 2000 ETF were worth $1,764,930,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Northstar Financial Companies Inc. boosted its stake in iShares Russell 2000 ETF by 46.2% during the 2nd quarter. Northstar Financial Companies Inc. now owns 2,334 shares of the exchange traded fund’s stock valued at $504,000 after acquiring an additional 738 shares during the last quarter. Garrett Wealth Advisory Group LLC acquired a new stake in shares of iShares Russell 2000 ETF in the 2nd quarter valued at about $203,000. 17 Capital Partners LLC lifted its position in shares of iShares Russell 2000 ETF by 6.1% during the second quarter. 17 Capital Partners LLC now owns 5,216 shares of the exchange traded fund’s stock worth $1,126,000 after purchasing an additional 302 shares during the last quarter. Miller Financial Services LLC grew its stake in iShares Russell 2000 ETF by 1.5% in the second quarter. Miller Financial Services LLC now owns 11,173 shares of the exchange traded fund’s stock worth $2,411,000 after purchasing an additional 162 shares in the last quarter. Finally, Ensign Peak Advisors Inc increased its holdings in iShares Russell 2000 ETF by 95.6% in the second quarter. Ensign Peak Advisors Inc now owns 696,089 shares of the exchange traded fund’s stock valued at $150,209,000 after buying an additional 340,182 shares during the last quarter.

iShares Russell 2000 ETF Stock Up 2.8%

Shares of NYSEARCA IWM opened at $235.60 on Friday. The stock’s 50 day moving average price is $242.76 and its two-hundred day moving average price is $227.18. iShares Russell 2000 ETF has a 52-week low of $171.73 and a 52-week high of $252.77. The stock has a market capitalization of $65.25 billion, a P/E ratio of 17.69 and a beta of 1.13.

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.