Cascade Investment Group Inc. Purchases New Position in iShares Russell 2000 ETF (NYSEARCA:IWM)

Cascade Investment Group Inc. purchased a new stake in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 1,015 shares of the exchange traded fund’s stock, valued at approximately $206,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of IWM. Private Advisor Group LLC raised its position in iShares Russell 2000 ETF by 104.5% during the 4th quarter. Private Advisor Group LLC now owns 193,264 shares of the exchange traded fund’s stock valued at $38,786,000 after purchasing an additional 4,492,092 shares during the last quarter. Rafferty Asset Management LLC raised its position in iShares Russell 2000 ETF by 84.1% during the 4th quarter. Rafferty Asset Management LLC now owns 8,584,687 shares of the exchange traded fund’s stock valued at $1,723,033,000 after purchasing an additional 3,921,131 shares during the last quarter. Natixis bought a new position in iShares Russell 2000 ETF during the 1st quarter valued at approximately $441,651,000. JPMorgan Chase & Co. raised its position in iShares Russell 2000 ETF by 44.7% during the 1st quarter. JPMorgan Chase & Co. now owns 6,009,724 shares of the exchange traded fund’s stock valued at $1,263,845,000 after purchasing an additional 1,856,738 shares during the last quarter. Finally, Pathstone Holdings LLC bought a new position in iShares Russell 2000 ETF during the 4th quarter valued at approximately $184,171,000.

iShares Russell 2000 ETF Trading Down 0.6 %

IWM traded down $1.30 during midday trading on Wednesday, reaching $206.67. 25,296,967 shares of the company’s stock traded hands, compared to its average volume of 34,649,328. The firm has a fifty day moving average of $207.94 and a two-hundred day moving average of $204.17. iShares Russell 2000 ETF has a 52 week low of $161.67 and a 52 week high of $228.63.

About iShares Russell 2000 ETF

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.