Kayne Anderson Rudnick Investment Management LLC Has $30.11 Million Holdings in iShares Russell 2000 ETF (NYSEARCA:IWM)

Kayne Anderson Rudnick Investment Management LLC boosted its stake in iShares Russell 2000 ETF (NYSEARCA:IWM) by 237.3% in the fourth quarter, HoldingsChannel.com reports. The firm owned 136,260 shares of the exchange traded fund’s stock after buying an additional 95,867 shares during the period. Kayne Anderson Rudnick Investment Management LLC’s holdings in iShares Russell 2000 ETF were worth $30,107,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Proficio Capital Partners LLC acquired a new position in shares of iShares Russell 2000 ETF in the fourth quarter worth approximately $4,672,147,000. Jones Financial Companies Lllp increased its position in shares of iShares Russell 2000 ETF by 4.4% during the fourth quarter. Jones Financial Companies Lllp now owns 8,441,577 shares of the exchange traded fund’s stock worth $1,865,251,000 after buying an additional 352,358 shares during the period. Empower Advisory Group LLC raised its stake in iShares Russell 2000 ETF by 2.6% during the fourth quarter. Empower Advisory Group LLC now owns 7,878,078 shares of the exchange traded fund’s stock worth $1,740,740,000 after buying an additional 199,487 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in 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 valued at $952,788,000 after buying an additional 1,446,443 shares during the period. Finally, Cibc World Market Inc. grew its holdings in iShares Russell 2000 ETF by 18.1% during the 4th quarter. Cibc World Market Inc. now owns 2,868,379 shares of the exchange traded fund’s stock worth $633,797,000 after acquiring an additional 440,218 shares during the period.

iShares Russell 2000 ETF Stock Performance

Shares of IWM opened at $182.74 on Tuesday. The firm has a market cap of $57.22 billion, a PE ratio of 15.40 and a beta of 1.12. iShares Russell 2000 ETF has a 52-week low of $171.73 and a 52-week high of $244.98. The business’s 50 day moving average price is $201.98 and its two-hundred day moving average price is $218.58.

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.