The iShares Russell 2000 ETF (IWM) recorded a notable inflow of approximately $411.9 million during the week, resulting in a 0.5% increase in outstanding units from 271.65 million to 273 million. This change reflects growing investor interest in the ETF, which tracks small-cap stocks.
As of now, the IWM is trading at $303.88, within its 52-week range of $223.69 to $305.18. The uptick in shares outstanding comes as small-cap companies like Moog Inc (up 0.7%) and UMB Financial Corp (up 0.3%) contribute to the ETF’s performance.
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