Verdence Capital Advisors LLC Acquires 5,213 Shares of iShares Russell 2000 ETF (NYSEARCA:IWM)

Verdence Capital Advisors LLC boosted its holdings in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 13.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 42,964 shares of the exchange traded fund’s stock after acquiring an additional 5,213 shares during the period. iShares Russell 2000 ETF comprises about 0.8% of Verdence Capital Advisors LLC’s portfolio, making the stock its 21st largest position. Verdence Capital Advisors LLC’s holdings in iShares Russell 2000 ETF were worth $9,493,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in IWM. Proficio Capital Partners LLC bought a new stake in shares of iShares Russell 2000 ETF in the 4th quarter valued at about $4,672,147,000. Jones Financial Companies Lllp boosted its holdings in shares of iShares Russell 2000 ETF by 4.4% in the 4th quarter. Jones Financial Companies Lllp now owns 8,441,577 shares of the exchange traded fund’s stock valued at $1,865,251,000 after buying an additional 352,358 shares in the last quarter. Empower Advisory Group LLC boosted its holdings in shares of iShares Russell 2000 ETF by 2.6% in the 4th quarter. Empower Advisory Group LLC now owns 7,878,078 shares of the exchange traded fund’s stock valued at $1,740,740,000 after buying an additional 199,487 shares in the last quarter. Toronto Dominion Bank boosted its holdings in shares of iShares Russell 2000 ETF by 3.7% in the 3rd quarter. Toronto Dominion Bank now owns 6,729,586 shares of the exchange traded fund’s stock valued at $1,486,498,000 after buying an additional 243,160 shares in the last quarter. Finally, JPMorgan Chase & Co. boosted its holdings in shares of iShares Russell 2000 ETF by 50.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 4,313,404 shares of the exchange traded fund’s stock valued at $952,788,000 after buying an additional 1,446,443 shares in the last quarter.

iShares Russell 2000 ETF Stock Performance

NYSEARCA:IWM opened at $206.42 on Wednesday. iShares Russell 2000 ETF has a fifty-two week low of $191.34 and a fifty-two week high of $244.98. The stock has a market capitalization of $66.12 billion, a P/E ratio of 16.97 and a beta of 1.17. The company’s 50-day simple moving average is $222.97 and its 200-day simple moving average is $223.99.

iShares Russell 2000 ETF Company Profile

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.