First Citizens Bank & Trust Co. lowered its stake in shares of iShares Russell 2000 Index (NYSEARCA:IWM) by 12.1% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 10,465 shares of the exchange traded fund’s stock after selling 1,442 shares during the quarter. First Citizens Bank & Trust Co.’s holdings in iShares Russell 2000 Index were worth $1,595,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in IWM. Edge Wealth Management LLC lifted 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 valued at $101,000 after purchasing an additional 626 shares during the last quarter. LeJeune Puetz Investment Counsel LLC purchased a new stake in iShares Russell 2000 Index during the third quarter valued at about $104,000. Tiedemann Wealth Management LLC lifted 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 valued at $115,000 after purchasing an additional 3,685 shares during the last quarter. FNY Managed Accounts LLC purchased a new stake in iShares Russell 2000 Index during the third quarter valued at about $118,000. Finally, Heritage Trust Co lifted its holdings in iShares Russell 2000 Index by 59.9% during the third quarter. Heritage Trust Co now owns 1,001 shares of the exchange traded fund’s stock valued at $148,000 after purchasing an additional 375 shares during the last quarter.

Shares of iShares Russell 2000 Index (IWM) opened at $157.50 on Friday. iShares Russell 2000 Index has a fifty-two week low of $132.40 and a fifty-two week high of $157.66. The stock has a market cap of $42,850.00 and a PE ratio of 39.38.

The company also recently declared a quarterly dividend, which was paid on Thursday, December 28th. Stockholders of record on Friday, December 22nd were issued a $0.5793 dividend. This represents a $2.32 dividend on an annualized basis and a dividend yield of 1.47%. This is an increase from iShares Russell 2000 Index’s previous quarterly dividend of $0.35. The ex-dividend date was Thursday, December 21st. iShares Russell 2000 Index’s dividend payout ratio 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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Institutional Ownership by Quarter for iShares Russell 2000 Index (NYSEARCA:IWM)

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