EFG Asset Management Americas Corp. Boosts Position in iShares Russell 2000 ETF (NYSEARCA:IWM)

EFG Asset Management Americas Corp. lifted its stake in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 23.8% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 99,676 shares of the exchange traded fund’s stock after buying an additional 19,142 shares during the period. iShares Russell 2000 ETF accounts for about 4.0% of EFG Asset Management Americas Corp.’s investment portfolio, making the stock its 2nd biggest holding. EFG Asset Management Americas Corp.’s holdings in iShares Russell 2000 ETF were worth $20,223,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of IWM. Main Street Group LTD grew its stake in shares of iShares Russell 2000 ETF by 15.0% in the 2nd quarter. Main Street Group LTD now owns 1,147 shares of the exchange traded fund’s stock valued at $231,000 after buying an additional 150 shares during the period. Great Lakes Advisors LLC grew its stake in iShares Russell 2000 ETF by 26.9% in the second quarter. Great Lakes Advisors LLC now owns 74,740 shares of the exchange traded fund’s stock valued at $15,164,000 after acquiring an additional 15,864 shares during the period. Cullen Frost Bankers Inc. increased its holdings in shares of iShares Russell 2000 ETF by 2.5% during the second quarter. Cullen Frost Bankers Inc. now owns 21,060 shares of the exchange traded fund’s stock valued at $4,273,000 after acquiring an additional 505 shares in the last quarter. Intelligence Driven Advisers LLC bought a new stake in shares of iShares Russell 2000 ETF during the second quarter valued at approximately $479,000. Finally, Howard Capital Management Inc. raised its position in shares of iShares Russell 2000 ETF by 1.9% during the second quarter. Howard Capital Management Inc. now owns 41,414 shares of the exchange traded fund’s stock worth $8,402,000 after purchasing an additional 769 shares during the period.

iShares Russell 2000 ETF Stock Performance

NYSEARCA IWM traded down $4.03 during mid-day trading on Friday, hitting $207.90. The company’s stock had a trading volume of 34,561,311 shares, compared to its average volume of 33,838,492. The company’s 50 day simple moving average is $212.82 and its 200 day simple moving average is $206.28. iShares Russell 2000 ETF has a twelve month low of $161.67 and a twelve month high of $228.63.

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.