FormulaFolio Investments LLC boosted its stake in shares of iShares Russell 2000 Index (NYSE:IWM) by 32.0% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 7,345 shares of the exchange traded fund’s stock after buying an additional 1,781 shares during the quarter. FormulaFolio Investments LLC’s holdings in iShares Russell 2000 Index were worth $1,088,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds also recently made changes to their positions in the business. JJJ Advisors Inc. lifted its holdings in iShares Russell 2000 Index by 1.5% during the 3rd quarter. JJJ Advisors Inc. now owns 135,304 shares of the exchange traded fund’s stock worth $20,049,000 after buying an additional 1,936 shares during the period. Amarillo National Bank raised its position in shares of iShares Russell 2000 Index by 2.2% in the 3rd quarter. Amarillo National Bank now owns 77,752 shares of the exchange traded fund’s stock worth $11,521,000 after acquiring an additional 1,671 shares in the last quarter. Stillwater Investment Management LLC raised its position in shares of iShares Russell 2000 Index by 10.0% in the 3rd quarter. Stillwater Investment Management LLC now owns 4,129 shares of the exchange traded fund’s stock worth $612,000 after acquiring an additional 376 shares in the last quarter. Beacon Financial Group bought a new position in shares of iShares Russell 2000 Index in the 3rd quarter worth about $655,000. Finally, Eqis Capital Management Inc. bought a new position in shares of iShares Russell 2000 Index in the 3rd quarter worth about $232,000.
iShares Russell 2000 Index (NYSE IWM) traded up 0.46% on Friday, hitting $149.98. The stock had a trading volume of 23,870,762 shares. The stock’s 50-day moving average is $145.49 and its 200-day moving average is $140.56. iShares Russell 2000 Index has a 52-week low of $114.88 and a 52-week high of $150.68.
The firm also recently declared a quarterly dividend, which was paid on Friday, September 29th. Shareholders of record on Wednesday, September 27th were given a dividend of $0.3485 per share. The ex-dividend date of this dividend was Tuesday, September 26th. This represents a $1.39 annualized dividend and a yield of 0.93%.
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About iShares Russell 2000 Index
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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