Traders Sell iShares Russell 2000 Index (IWM) on Strength (IWM)

Traders sold shares of iShares Russell 2000 Index (NYSEARCA:IWM) on strength during trading on Thursday. $351.50 million flowed into the stock on the tick-up and $401.15 million flowed out of the stock on the tick-down, for a money net flow of $49.65 million out of the stock. Of all stocks tracked, iShares Russell 2000 Index had the 0th highest net out-flow for the day. iShares Russell 2000 Index traded up $1.88 for the day and closed at $166.84

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, July 10th. Shareholders of record on Thursday, July 5th will be paid a dividend of $0.5952 per share. The ex-dividend date of this dividend is Tuesday, July 3rd. This represents a $2.38 annualized dividend and a yield of 1.41%. This is an increase from iShares Russell 2000 Index’s previous quarterly dividend of $0.58.

A number of institutional investors have recently made changes to their positions in the business. California Public Employees Retirement System bought a new stake in shares of iShares Russell 2000 Index in the 4th quarter worth $312,000. First Trust Advisors LP raised its stake in shares of iShares Russell 2000 Index by 5.1% in the 4th quarter. First Trust Advisors LP now owns 12,563 shares of the exchange traded fund’s stock worth $1,915,000 after buying an additional 609 shares in the last quarter. Rhumbline Advisers raised its stake in shares of iShares Russell 2000 Index by 39.6% in the 4th quarter. Rhumbline Advisers now owns 19,451 shares of the exchange traded fund’s stock worth $2,965,000 after buying an additional 5,516 shares in the last quarter. UBS Asset Management Americas Inc. raised its stake in shares of iShares Russell 2000 Index by 12.0% in the 4th quarter. UBS Asset Management Americas Inc. now owns 39,239 shares of the exchange traded fund’s stock worth $5,982,000 after buying an additional 4,213 shares in the last quarter. Finally, Kennedy Capital Management Inc. bought a new stake in shares of iShares Russell 2000 Index in the 4th quarter worth $320,000.

About iShares Russell 2000 Index

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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