iShares Russell 2000 ETF (NYSEARCA:IWM) Sets New 52-Week High – What’s Next?

iShares Russell 2000 ETF (NYSEARCA:IWM)’s stock price hit a new 52-week high during trading on Monday . The stock traded as high as $243.08 and last traded at $242.59, with a volume of 2749146 shares trading hands. The stock had previously closed at $238.77.

iShares Russell 2000 ETF Trading Down 0.7 %

The firm has a 50-day moving average of $225.04 and a 200 day moving average of $214.85.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in IWM. Synovus Financial Corp lifted its stake in shares of iShares Russell 2000 ETF by 4.9% in the third quarter. Synovus Financial Corp now owns 731,293 shares of the exchange traded fund’s stock worth $161,536,000 after acquiring an additional 33,927 shares in the last quarter. Tidal Investments LLC increased its holdings in iShares Russell 2000 ETF by 78.8% during the 3rd quarter. Tidal Investments LLC now owns 8,232 shares of the exchange traded fund’s stock worth $1,818,000 after purchasing an additional 3,628 shares during the last quarter. Wilmington Savings Fund Society FSB raised its position in shares of iShares Russell 2000 ETF by 61.3% in the 3rd quarter. Wilmington Savings Fund Society FSB now owns 108,292 shares of the exchange traded fund’s stock valued at $23,921,000 after purchasing an additional 41,173 shares in the last quarter. Arvest Bank Trust Division purchased a new position in shares of iShares Russell 2000 ETF during the 3rd quarter valued at approximately $69,884,000. Finally, World Investment Advisors LLC increased its stake in shares of iShares Russell 2000 ETF by 58.9% in the third quarter. World Investment Advisors LLC now owns 6,658 shares of the exchange traded fund’s stock worth $1,471,000 after buying an additional 2,469 shares during the last quarter.

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.