Prime Capital Investment Advisors LLC reduced its holdings in iShares Russell 2000 ETF (NYSEARCA:IWM) by 10.8% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 2,395 shares of the exchange traded fund’s stock after selling 290 shares during the quarter. Prime Capital Investment Advisors LLC’s holdings in iShares Russell 2000 ETF were worth $367,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in IWM. Man Group plc purchased a new position in shares of iShares Russell 2000 ETF in the 3rd quarter valued at approximately $2,211,000. Thrivent Financial for Lutherans lifted its stake in shares of iShares Russell 2000 ETF by 24.4% in the 3rd quarter. Thrivent Financial for Lutherans now owns 179,618 shares of the exchange traded fund’s stock valued at $30,274,000 after purchasing an additional 35,178 shares during the period. AJ Wealth Strategies LLC purchased a new position in shares of iShares Russell 2000 ETF in the 3rd quarter valued at approximately $264,000. IndexIQ Advisors LLC lifted its stake in shares of iShares Russell 2000 ETF by 91.5% in the 3rd quarter. IndexIQ Advisors LLC now owns 47,018 shares of the exchange traded fund’s stock valued at $7,925,000 after purchasing an additional 22,469 shares during the period. Finally, Glenmede Trust Co. NA purchased a new position in shares of iShares Russell 2000 ETF in the 3rd quarter valued at approximately $54,536,000.
IWM opened at $157.54 on Wednesday. iShares Russell 2000 ETF has a 52 week low of $125.81 and a 52 week high of $173.39.
The company also recently announced a quarterly dividend, which was paid on Tuesday, March 26th. Stockholders of record on Thursday, March 21st were paid a $0.4121 dividend. This represents a $1.65 dividend on an annualized basis and a dividend yield of 1.05%. The ex-dividend date of this dividend was Wednesday, March 20th.
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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.
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