Dallas, Texas 07/31/2013 (Financialstrend) – Shares of IShares Russell 2000 Index (ETF) (NYSEARCA:IWM) had been moving with surge in prices for the past one week of trading with minimal corrections in between the upward trend. The Exchange Traded Fund had over the past 52 weeks presented highly positive and encouraging trend to the investors who had been flocking to this fund to earn diversified returns. This ETF is basically designed to track the yield and performance of the select shares of the Russell 2000 Index and thereby enables the investors to include a diversified ETF into their portfolio to effectively reduce the risk.
While the exchange traded funds tracking the small cap stocks had proven to be a losing bet in the recent months of trading, IShares Russell 2000 Index (ETF) (NYSEARCA:IWM) had presented higher level of returns to the investors throughout the past 52 weeks of trading, though with minimal corrections. Exchange traded funds had always been a comfortable choice for both beginners and expert investors alike due to their higher level of diversification and ability to track the broader market.
IShares Russell 2000 Index (ETF) (NYSEARCA:IWM) had closed for the day on Tuesday with $103.50 per share with a bullish behavior of 0.11% over the previous day’s closing price. The intraday movements of the stock were between a low value of $103.11 to a high value of $103.86 per share. The yearly stock price variations are between the lower value of $76.13 to a higher value of $104.98 per share. The shares held by the investors and the company insider’s account to 229.30 million with an institutional ownership of 116%. The total stock value of the company in the stock market is $23.73 billion. The trading trend of the company for its latest trading day was 4.83 million shares.