Portland Global Advisors LLC Has $16.64 Million Stock Position in iShares Russell 2000 ETF (NYSEARCA:IWM)

Portland Global Advisors LLC lifted its stake in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 0.5% in the 4th quarter, Holdings Channel reports. The institutional investor owned 75,311 shares of the exchange traded fund’s stock after purchasing an additional 368 shares during the quarter. iShares Russell 2000 ETF accounts for about 2.1% of Portland Global Advisors LLC’s portfolio, making the stock its 16th largest position. Portland Global Advisors LLC’s holdings in iShares Russell 2000 ETF were worth $16,641,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of IWM. Proficio Capital Partners LLC acquired a new position in iShares Russell 2000 ETF in the 4th quarter worth about $4,672,147,000. Jones Financial Companies Lllp boosted its stake in shares of iShares Russell 2000 ETF by 4.4% during the fourth quarter. Jones Financial Companies Lllp now owns 8,441,577 shares of the exchange traded fund’s stock valued at $1,865,251,000 after purchasing an additional 352,358 shares in the last quarter. Empower Advisory Group LLC grew its holdings in shares of iShares Russell 2000 ETF by 2.6% during the fourth quarter. Empower Advisory Group LLC now owns 7,878,078 shares of the exchange traded fund’s stock worth $1,740,740,000 after purchasing an additional 199,487 shares during the last quarter. Toronto Dominion Bank increased its stake in shares of iShares Russell 2000 ETF by 3.7% in the third quarter. Toronto Dominion Bank now owns 6,729,586 shares of the exchange traded fund’s stock valued at $1,486,498,000 after buying an additional 243,160 shares during the period. Finally, JPMorgan Chase & Co. raised its holdings in iShares Russell 2000 ETF by 50.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 4,313,404 shares of the exchange traded fund’s stock valued at $952,788,000 after buying an additional 1,446,443 shares during the last quarter.

iShares Russell 2000 ETF Price Performance

IWM opened at $200.45 on Friday. iShares Russell 2000 ETF has a fifty-two week low of $191.34 and a fifty-two week high of $244.98. The company’s 50 day moving average price is $216.50 and its two-hundred day moving average price is $222.56. The firm has a market capitalization of $64.79 billion, a price-to-earnings ratio of 16.20 and a beta of 1.19.

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.