Arvest Bank Trust Division lifted its holdings in iShares Russell 2000 Index (NYSEARCA:IWM) by 2.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 468,078 shares of the exchange traded fund’s stock after acquiring an additional 9,961 shares during the quarter. iShares Russell 2000 Index accounts for 5.0% of Arvest Bank Trust Division’s holdings, making the stock its 3rd biggest position. Arvest Bank Trust Division owned approximately 0.17% of iShares Russell 2000 Index worth $71,363,000 as of its most recent SEC filing.
Several other large investors have also added to or reduced their stakes in IWM. Edge Wealth Management LLC boosted its holdings in iShares Russell 2000 Index by 1,138.2% during the third quarter. Edge Wealth Management LLC now owns 681 shares of the exchange traded fund’s stock worth $101,000 after buying an additional 626 shares in the last quarter. LeJeune Puetz Investment Counsel LLC purchased a new stake in iShares Russell 2000 Index during the third quarter worth $104,000. Tiedemann Wealth Management LLC boosted its holdings in iShares Russell 2000 Index by 33.3% during the third quarter. Tiedemann Wealth Management LLC now owns 14,757 shares of the exchange traded fund’s stock worth $115,000 after buying an additional 3,685 shares in the last quarter. FNY Managed Accounts LLC purchased a new stake in iShares Russell 2000 Index during the third quarter worth $118,000. Finally, Ayalon Holdings Ltd. purchased a new stake in iShares Russell 2000 Index during the fourth quarter worth $133,000.
iShares Russell 2000 Index (IWM) traded up $2.06 on Monday, reaching $158.60. 31,040,900 shares of the company’s stock traded hands, compared to its average volume of 21,214,246. The stock has a market capitalization of $43,860.00 and a P/E ratio of 39.65. iShares Russell 2000 Index has a fifty-two week low of $132.40 and a fifty-two week high of $159.41.
The business also recently disclosed a quarterly dividend, which was paid on Thursday, December 28th. Shareholders of record on Friday, December 22nd were issued a dividend of $0.5793 per share. This represents a $2.32 annualized dividend and a yield of 1.46%. This is an increase from iShares Russell 2000 Index’s previous quarterly dividend of $0.35. The ex-dividend date of this dividend was Thursday, December 21st. iShares Russell 2000 Index’s dividend payout ratio (DPR) is presently 48.00%.
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iShares Russell 2000 Index 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.
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