Reinhart Partners LLC. Makes New $19.08 Million Investment in iShares Russell 2000 ETF $IWM

by · The Cerbat Gem

Reinhart Partners LLC. purchased a new position in iShares Russell 2000 ETF (NYSEARCA:IWM – Free Report) in the second quarter, HoldingsChannel reports. The firm purchased 88,411 shares of the exchange traded fund’s stock, valued at approximately $19,079,000.

Other hedge funds have also modified their holdings of the company. Goldman Sachs Group Inc. boosted its position in shares of iShares Russell 2000 ETF by 1,186.6% during the first quarter. Goldman Sachs Group Inc. now owns 51,271,785 shares of the exchange traded fund’s stock worth $10,228,208,000 after acquiring an additional 47,286,837 shares during the last quarter. Empower Advisory Group LLC boosted its position in shares of iShares Russell 2000 ETF by 3.4% during the first quarter. Empower Advisory Group LLC now owns 8,144,065 shares of the exchange traded fund’s stock worth $1,624,660,000 after acquiring an additional 265,987 shares during the last quarter. JPMorgan Chase & Co. boosted its position in shares of iShares Russell 2000 ETF by 59.8% during the first quarter. JPMorgan Chase & Co. now owns 6,044,142 shares of the exchange traded fund’s stock worth $1,205,746,000 after acquiring an additional 2,262,696 shares during the last quarter. Northern Trust Corp boosted its position in shares of iShares Russell 2000 ETF by 0.8% during the first quarter. Northern Trust Corp now owns 4,053,871 shares of the exchange traded fund’s stock worth $808,707,000 after acquiring an additional 31,261 shares during the last quarter. Finally, US Bancorp DE boosted its position in shares of iShares Russell 2000 ETF by 2.7% during the first quarter. US Bancorp DE now owns 3,969,039 shares of the exchange traded fund’s stock worth $791,808,000 after acquiring an additional 104,693 shares during the last quarter.

iShares Russell 2000 ETF Stock Down 0.4%

IWM stock opened at $238.28 on Wednesday. iShares Russell 2000 ETF has a 52 week low of $171.73 and a 52 week high of $244.98. The company has a fifty day simple moving average of $227.92 and a two-hundred day simple moving average of $211.47. The firm has a market capitalization of $68.15 billion, a P/E ratio of 17.69 and a beta of 1.15.

About iShares Russell 2000 ETF

(Free Report)

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.

See Also

Want to see what other hedge funds are holding IWM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Russell 2000 ETF (NYSEARCA:IWM – Free Report).