HM Payson & Co. Increases Stake in iShares Russell 2000 ETF (NYSEARCA:IWM)

HM Payson & Co. raised its holdings in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 1.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 8,071 shares of the exchange traded fund’s stock after buying an additional 105 shares during the period. HM Payson & Co.’s holdings in iShares Russell 2000 ETF were worth $1,783,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of IWM. Summit Global Investments purchased a new stake in shares of iShares Russell 2000 ETF in the third quarter worth $1,110,000. Crumly & Associates Inc. purchased a new stake in shares of iShares Russell 2000 ETF in the third quarter worth $222,000. Pegasus Partners Ltd. boosted its position in shares of iShares Russell 2000 ETF by 3.9% during the third quarter. Pegasus Partners Ltd. now owns 60,176 shares of the exchange traded fund’s stock worth $13,292,000 after acquiring an additional 2,261 shares during the last quarter. Rockbridge Investment Management LCC boosted its position in shares of iShares Russell 2000 ETF by 56.1% during the third quarter. Rockbridge Investment Management LCC now owns 3,408 shares of the exchange traded fund’s stock worth $753,000 after acquiring an additional 1,225 shares during the last quarter. Finally, Verdence Capital Advisors LLC boosted its position in shares of iShares Russell 2000 ETF by 3.0% during the third quarter. Verdence Capital Advisors LLC now owns 37,751 shares of the exchange traded fund’s stock worth $8,339,000 after acquiring an additional 1,089 shares during the last quarter.

iShares Russell 2000 ETF Stock Performance

Shares of NYSEARCA:IWM opened at $205.95 on Friday. The firm has a fifty day moving average price of $221.94 and a 200 day moving average price of $223.77. iShares Russell 2000 ETF has a fifty-two week low of $191.34 and a fifty-two week high of $244.98. The firm has a market cap of $65.97 billion, a price-to-earnings ratio of 16.97 and a beta of 1.17.

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.