Investors Buy Shares of iShares Russell 2000 ETF (IWM) on Weakness

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Investors bought shares of iShares Russell 2000 ETF (NYSEARCA:IWM) on weakness during trading on Monday. $232.97 million flowed into the stock on the tick-up and $188.47 million flowed out of the stock on the tick-down, for a money net flow of $44.50 million into the stock. Of all companies tracked, iShares Russell 2000 ETF had the 18th highest net in-flow for the day. iShares Russell 2000 ETF traded down ($0.51) for the day and closed at $157.17

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 26th. Investors of record on Thursday, March 21st were issued a dividend of $0.4121 per share. This represents a $1.65 annualized dividend and a dividend yield of 1.06%. The ex-dividend date was Wednesday, March 20th.

Hedge funds and other institutional investors have recently modified their holdings of the stock. Aldebaran Financial Inc. lifted its holdings in iShares Russell 2000 ETF by 2.2% in the fourth quarter. Aldebaran Financial Inc. now owns 16,228 shares of the exchange traded fund’s stock valued at $2,173,000 after acquiring an additional 351 shares during the period. Cahill Financial Advisors Inc. acquired a new stake in iShares Russell 2000 ETF in the fourth quarter valued at $243,000. Miramar Capital LLC acquired a new stake in iShares Russell 2000 ETF in the fourth quarter valued at $413,000. Claybrook Capital LLC lifted its holdings in iShares Russell 2000 ETF by 1,417.2% in the fourth quarter. Claybrook Capital LLC now owns 1,851 shares of the exchange traded fund’s stock valued at $248,000 after acquiring an additional 1,729 shares during the period. Finally, Cambridge Advisors Inc. lifted its holdings in iShares Russell 2000 ETF by 1.6% in the fourth quarter. Cambridge Advisors Inc. now owns 7,586 shares of the exchange traded fund’s stock valued at $1,016,000 after acquiring an additional 122 shares during the period.

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About iShares Russell 2000 ETF (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.

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