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

Traders bought shares of iShares Russell 2000 ETF (NYSEARCA:IWM) on weakness during trading hours on Thursday. $1,486.69 million flowed into the stock on the tick-up and $1,282.18 million flowed out of the stock on the tick-down, for a money net flow of $204.51 million into the stock. Of all companies tracked, iShares Russell 2000 ETF had the 2nd highest net in-flow for the day. iShares Russell 2000 ETF traded down ($2.99) for the day and closed at $153.57

The business also recently announced a quarterly dividend, which was paid on Tuesday, October 2nd. Stockholders of record on Thursday, September 27th were issued a $0.4504 dividend. This represents a $1.80 dividend on an annualized basis and a dividend yield of 1.17%. The ex-dividend date of this dividend was Wednesday, September 26th.

Several large investors have recently added to or reduced their stakes in IWM. Kohmann Bosshard Financial Services LLC acquired a new position in iShares Russell 2000 ETF during the second quarter worth $118,000. Avestar Capital LLC grew its holdings in iShares Russell 2000 ETF by 70.4% during the second quarter. Avestar Capital LLC now owns 726 shares of the exchange traded fund’s stock worth $118,000 after acquiring an additional 300 shares during the period. Gemmer Asset Management LLC acquired a new position in iShares Russell 2000 ETF during the third quarter worth $129,000. Cedar Wealth Management LLC acquired a new position in iShares Russell 2000 ETF during the second quarter worth $148,000. Finally, Duncker Streett & Co. Inc. grew its holdings in iShares Russell 2000 ETF by 47.7% during the second quarter. Duncker Streett & Co. Inc. now owns 929 shares of the exchange traded fund’s stock worth $152,000 after acquiring an additional 300 shares during the period.

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.

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