Investors purchased shares of iShares Russell 2000 ETF (NYSEARCA:IWM) on weakness during trading hours on Monday. $423.95 million flowed into the stock on the tick-up and $329.84 million flowed out of the stock on the tick-down, for a money net flow of $94.11 million into the stock. Of all stocks tracked, iShares Russell 2000 ETF had the 6th highest net in-flow for the day. iShares Russell 2000 ETF traded down ($0.12) for the day and closed at $153.88
A number of hedge funds have recently added to or reduced their stakes in IWM. Patton Albertson Miller Group LLC bought a new position in iShares Russell 2000 ETF in the third quarter worth about $109,000. Kohmann Bosshard Financial Services LLC purchased a new stake in iShares Russell 2000 ETF in the second quarter worth about $118,000. Avestar Capital LLC grew its holdings in iShares Russell 2000 ETF by 70.4% in the second quarter. Avestar Capital LLC now owns 726 shares of the exchange traded fund’s stock worth $118,000 after purchasing an additional 300 shares during the period. Palo Capital Inc. purchased a new stake in iShares Russell 2000 ETF in the third quarter worth about $120,000. Finally, Truvestments Capital LLC purchased a new stake in iShares Russell 2000 ETF in the third quarter worth about $125,000.
ILLEGAL ACTIVITY NOTICE: This news story was reported by Macon Daily and is owned by of Macon Daily. If you are viewing this news story on another domain, it was copied illegally and republished in violation of international copyright and trademark legislation. The legal version of this news story can be read at https://macondaily.com/2018/11/05/investors-buy-shares-of-ishares-russell-2000-etf-iwm-on-weakness.html.
iShares Russell 2000 ETF Company Profile (NYSEARCA:IWM)
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.
Recommended Story: What do investors mean by earnings per share?
Receive News & Ratings for iShares Russell 2000 ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Russell 2000 ETF and related companies with MarketBeat.com's FREE daily email newsletter.