Investors Purchase Large Volume of iShares Russell 2000 ETF Put Options (NYSEARCA:IWM)

iShares Russell 2000 ETF (NYSEARCA:IWM) saw some unusual options trading on Wednesday. Stock traders acquired 2,012,514 put options on the stock. This represents an increase of 39% compared to the typical daily volume of 1,447,170 put options.

Hedge Funds Weigh In On iShares Russell 2000 ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Legacy Investment Solutions LLC acquired a new stake in iShares Russell 2000 ETF during the third quarter worth about $25,000. Field & Main Bank acquired a new position in iShares Russell 2000 ETF during the fourth quarter worth about $27,000. Atala Financial Inc bought a new position in shares of iShares Russell 2000 ETF in the fourth quarter worth about $27,000. Insight Inv LLC acquired a new stake in shares of iShares Russell 2000 ETF in the 4th quarter valued at approximately $30,000. Finally, Conquis Financial LLC bought a new stake in shares of iShares Russell 2000 ETF during the 4th quarter valued at approximately $30,000.

iShares Russell 2000 ETF Trading Up 0.1 %

Shares of iShares Russell 2000 ETF stock opened at $206.70 on Wednesday. The company has a market capitalization of $66.21 billion, a PE ratio of 16.97 and a beta of 1.17. The stock’s fifty day simple moving average is $222.97 and its 200 day simple moving average is $223.99. iShares Russell 2000 ETF has a 12 month low of $191.34 and a 12 month high of $244.98.

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.