iShares Russell 2000 ETF (NYSEARCA:IWM) Hits New 1-Year High – What’s Next?

Shares of iShares Russell 2000 ETF (NYSEARCA:IWM) reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $236.40 and last traded at $235.73, with a volume of 6200953 shares trading hands. The stock had previously closed at $224.23.

iShares Russell 2000 ETF Price Performance

The firm has a 50-day moving average of $218.65 and a 200-day moving average of $211.12.

Institutional Investors Weigh In On iShares Russell 2000 ETF

A number of institutional investors have recently bought and sold shares of IWM. Healthcare of Ontario Pension Plan Trust Fund lifted its holdings in shares of iShares Russell 2000 ETF by 16.7% in the 2nd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 10,622,000 shares of the exchange traded fund’s stock valued at $2,155,098,000 after acquiring an additional 1,520,000 shares during the last quarter. Empower Advisory Group LLC lifted its stake in shares of iShares Russell 2000 ETF by 2.6% during the third quarter. Empower Advisory Group LLC now owns 7,678,591 shares of the exchange traded fund’s stock worth $1,696,124,000 after buying an additional 191,742 shares during the period. Toronto Dominion Bank lifted its position in iShares Russell 2000 ETF by 97.1% during the second quarter. Toronto Dominion Bank now owns 6,486,426 shares of the exchange traded fund’s stock valued at $1,316,031,000 after purchasing an additional 3,195,573 shares during the period. JPMorgan Chase & Co. increased its holdings in iShares Russell 2000 ETF by 44.7% in the first quarter. JPMorgan Chase & Co. now owns 6,009,724 shares of the exchange traded fund’s stock valued at $1,263,845,000 after buying an additional 1,856,738 shares in the last quarter. Finally, US Bancorp DE increased its holdings in iShares Russell 2000 ETF by 1.1% in the third quarter. US Bancorp DE now owns 3,878,944 shares of the exchange traded fund’s stock valued at $856,843,000 after buying an additional 41,923 shares in the last quarter.

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.