Traders sold shares of iShares Russell 2000 ETF (NYSEARCA:IWM) on strength during trading on Friday. $312.95 million flowed into the stock on the tick-up and $392.56 million flowed out of the stock on the tick-down, for a money net flow of $79.61 million out of the stock. Of all companies tracked, iShares Russell 2000 ETF had the 9th highest net out-flow for the day. iShares Russell 2000 ETF traded up $0.04 for the day and closed at $143.68
The business also recently disclosed a quarterly dividend, which was paid on Friday, December 21st. Investors of record on Tuesday, December 18th were given a dividend of $0.4693 per share. The ex-dividend date was Monday, December 17th. This represents a $1.88 dividend on an annualized basis and a yield of 1.31%. This is a positive change from iShares Russell 2000 ETF’s previous quarterly dividend of $0.45.
A number of large investors have recently added to or reduced their stakes in the stock. Senator Investment Group LP acquired a new position in iShares Russell 2000 ETF during the 2nd quarter worth $1,392,045,000. Schroder Investment Management Group boosted its position in iShares Russell 2000 ETF by 1,591.8% during the 2nd quarter. Schroder Investment Management Group now owns 3,447,968 shares of the exchange traded fund’s stock worth $76,744,000 after acquiring an additional 3,244,164 shares during the period. LFA Lugano Financial Advisors SA acquired a new position in iShares Russell 2000 ETF during the 2nd quarter worth $1,768,000. United Services Automobile Association boosted its position in iShares Russell 2000 ETF by 973.8% during the 2nd quarter. United Services Automobile Association now owns 1,537,930 shares of the exchange traded fund’s stock worth $251,867,000 after acquiring an additional 1,394,705 shares during the period. Finally, Toronto Dominion Bank raised its stake in shares of iShares Russell 2000 ETF by 316.6% in the 3rd quarter. Toronto Dominion Bank now owns 1,083,189 shares of the exchange traded fund’s stock worth $182,572,000 after buying an additional 823,189 shares in the last quarter.
TRADEMARK VIOLATION NOTICE: “Traders Sell Shares of iShares Russell 2000 ETF (IWM) on Strength (IWM)” was originally posted by Chaffey Breeze and is the sole property of of Chaffey Breeze. If you are reading this piece on another publication, it was illegally copied and republished in violation of US and international copyright & trademark law. The original version of this piece can be accessed at https://www.chaffeybreeze.com/2019/01/11/traders-sell-shares-of-ishares-russell-2000-etf-iwm-on-strength-iwm-2.html.
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.
Featured Article: Net Asset Value
Receive News & Ratings for iShares Russell 2000 ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Russell 2000 ETF and related companies with MarketBeat.com's FREE daily email newsletter.