Rovida Investment Management Ltd Takes Position in iShares Russell 2000 ETF (NYSEARCA:IWM)

Rovida Investment Management Ltd acquired a new position in iShares Russell 2000 ETF (NYSEARCA:IWM) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 90,000 shares of the exchange traded fund’s stock, valued at approximately $19,886,000. iShares Russell 2000 ETF comprises about 6.2% of Rovida Investment Management Ltd’s holdings, making the stock its 4th largest holding.

Other large investors have also recently modified their holdings of the company. Proficio Capital Partners LLC purchased a new stake in shares of iShares Russell 2000 ETF during the fourth quarter worth about $4,672,147,000. Jones Financial Companies Lllp boosted its stake in iShares Russell 2000 ETF by 4.4% in the 4th quarter. Jones Financial Companies Lllp now owns 8,441,577 shares of the exchange traded fund’s stock worth $1,865,251,000 after purchasing an additional 352,358 shares in the last quarter. Empower Advisory Group LLC grew its position in iShares Russell 2000 ETF by 2.6% during the 4th quarter. Empower Advisory Group LLC now owns 7,878,078 shares of the exchange traded fund’s stock worth $1,740,740,000 after purchasing an additional 199,487 shares during the last quarter. Toronto Dominion Bank increased its stake in iShares Russell 2000 ETF by 3.7% during the 3rd quarter. Toronto Dominion Bank now owns 6,729,586 shares of the exchange traded fund’s stock valued at $1,486,498,000 after purchasing an additional 243,160 shares in the last quarter. Finally, JPMorgan Chase & Co. raised its holdings in shares of iShares Russell 2000 ETF by 50.5% in the third quarter. JPMorgan Chase & Co. now owns 4,313,404 shares of the exchange traded fund’s stock worth $952,788,000 after buying an additional 1,446,443 shares during the last quarter.

iShares Russell 2000 ETF Price Performance

Shares of IWM opened at $208.86 on Tuesday. The company’s fifty day moving average price is $218.01 and its 200-day moving average price is $222.76. iShares Russell 2000 ETF has a 1-year low of $191.34 and a 1-year high of $244.98. The firm has a market capitalization of $67.50 billion, a PE ratio of 16.20 and a beta of 1.19.

iShares Russell 2000 ETF 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.