Cibc World Markets Corp Invests $2.26 Million in iShares Russell 2000 ETF (NYSEARCA:IWM)

Cibc World Markets Corp bought a new position in iShares Russell 2000 ETF (NYSEARCA:IWM) during the fourth quarter, Holdings Channel reports. The firm bought 10,215 shares of the exchange traded fund’s stock, valued at approximately $2,257,000.

A number of other hedge funds have also recently modified their holdings of IWM. Legacy Investment Solutions LLC acquired a new position in iShares Russell 2000 ETF in the 3rd quarter worth about $25,000. Field & Main Bank acquired a new position in iShares Russell 2000 ETF in the 4th quarter worth about $27,000. Atala Financial Inc acquired a new position in iShares Russell 2000 ETF in the 4th quarter worth about $27,000. Insight Inv LLC acquired a new position in iShares Russell 2000 ETF in the 4th quarter worth about $30,000. Finally, RPg Family Wealth Advisory LLC acquired a new position in iShares Russell 2000 ETF in the 3rd quarter worth about $31,000.

iShares Russell 2000 ETF Trading Down 0.6 %

NYSEARCA IWM opened at $205.06 on Friday. The stock has a market capitalization of $66.28 billion, a price-to-earnings ratio of 16.20 and a beta of 1.19. iShares Russell 2000 ETF has a twelve month low of $191.34 and a twelve month high of $244.98. The stock has a 50-day moving average of $218.43 and a 200 day moving average of $222.76.

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.