Polymer Capital Management US LLC Invests $3.54 Million in iShares Russell 2000 ETF (NYSEARCA:IWM)

Polymer Capital Management US LLC bought a new stake in iShares Russell 2000 ETF (NYSEARCA:IWM) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor bought 16,000 shares of the exchange traded fund’s stock, valued at approximately $3,535,000. iShares Russell 2000 ETF comprises about 1.0% of Polymer Capital Management US LLC’s holdings, making the stock its 25th largest position.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Legacy Investment Solutions LLC purchased a new stake in shares of iShares Russell 2000 ETF in the 3rd quarter valued at $25,000. Field & Main Bank acquired a new position in iShares Russell 2000 ETF during the fourth quarter valued at $27,000. Atala Financial Inc purchased a new stake in iShares Russell 2000 ETF in the fourth quarter valued at $27,000. Insight Inv LLC acquired a new stake in iShares Russell 2000 ETF during the 4th quarter worth about $30,000. Finally, Conquis Financial LLC purchased a new position in shares of iShares Russell 2000 ETF during the 4th quarter valued at about $30,000.

iShares Russell 2000 ETF Stock Down 4.5 %

Shares of IWM opened at $181.19 on Monday. The company has a market capitalization of $58.01 billion, a price-to-earnings ratio of 15.93 and a beta of 1.12. iShares Russell 2000 ETF has a 52 week low of $172.39 and a 52 week high of $244.98. The stock’s 50-day moving average price is $213.12 and its 200-day moving average price is $221.86.

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.