Promus Capital LLC Acquires Shares of 13,010 iShares Russell 2000 ETF (NYSEARCA:IWM)

Promus Capital LLC acquired a new stake in iShares Russell 2000 ETF (NYSEARCA:IWM) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 13,010 shares of the exchange traded fund’s stock, valued at approximately $2,875,000. iShares Russell 2000 ETF accounts for about 2.7% of Promus Capital LLC’s portfolio, making the stock its 8th largest holding.

A number of other hedge funds have also recently added to or reduced their stakes in IWM. Proficio Capital Partners LLC purchased a new position in shares of iShares Russell 2000 ETF during the fourth quarter valued at approximately $4,672,147,000. JPMorgan Chase & Co. boosted its position in shares of iShares Russell 2000 ETF by 50.5% during the third 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. Strategic Financial Concepts LLC boosted its position in shares of iShares Russell 2000 ETF by 21,916.2% during the fourth quarter. Strategic Financial Concepts LLC now owns 737,763 shares of the exchange traded fund’s stock valued at $163,016,000 after buying an additional 734,412 shares during the last quarter. Redwood Investment Management LLC purchased a new position in shares of iShares Russell 2000 ETF during the third quarter valued at approximately $142,774,000. Finally, Cibc World Market Inc. boosted its position in shares of iShares Russell 2000 ETF by 18.1% during the fourth quarter. Cibc World Market Inc. now owns 2,868,379 shares of the exchange traded fund’s stock valued at $633,797,000 after buying an additional 440,218 shares during the last quarter.

iShares Russell 2000 ETF Trading Up 1.0 %

Shares of iShares Russell 2000 ETF stock opened at $208.47 on Thursday. The business’s fifty day simple moving average is $222.67 and its 200 day simple moving average is $223.89. The firm has a market capitalization of $66.77 billion, a P/E ratio of 16.97 and a beta of 1.17. iShares Russell 2000 ETF has a 12 month low of $191.34 and a 12 month high of $244.98.

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.