The Net Flows of iShares Russell 2000 (IWM) Point to $-120.11M Redemptions After -0.44% AUM Decrease

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Today were released iShares Russell 2000 (IWM)’s weekly net flows. The ETF registered $-120.11M weekly asset outflows for -0.44% decrease, reaching $27390.69M last week. The chart of iShares Russell 2000 (IWM) shows negative weekly setup. In the net flows calculation is not included the performance of the etf but only share redemptions (outflows) and share purchases (inflows). Net outflows leads to less cash for managers to invest, which theoretically decreases demand for the etf’s holdings. The ETF decreased 2.21% or $2.53 on December 11, hitting $111.91. iShares Russell 2000 Index (ETF) (NYSEARCA:IWM) has declined 8.80% since May 11, 2015 and is downtrending. It has underperformed by 4.39% the S&P500. More notable recent iShares Russell 2000 Index (ETF) (NYSEARCA:IWM) news were published by: Benzinga.com which released: “Carter Worth Expects A Pullback In iShares Russell 2000 Index (ETF)” on December 08, 2015, also Fool.com with their article: “3 Things to Know About the iShares Russell 2000 ETF” published on August 27, 2015, Benzinga.com published: “Mike Khouw Sees Unusual Options Activity In iShares Russell 2000 Index (ETF)” on December 02, 2015. More interesting news about iShares Russell 2000 Index (ETF) (NYSEARCA:IWM) were released by: Etfdailynews.com and their article: “Russell 2000 ETF Faces Layers of Resistance” published on November 10, 2015 as well as Bnn.ca‘s news article titled: “Top Picks from Terry Shaunessy: Horizons Active Preferred Share ETF, iShares …” with publication date: September 23, 2015.

The ETF’s YTD performance is 0.6%, the 1 year is 3.5% and the 3 year is 14.94%.

Get a free copy of the Zacks research report on iShares Russell 2000 Index (ETF) (IWM).

The investment seeks to track the investment results of the Russell 2000® Index, which measures the performance of the small-capitalization sector of the U.S. equity market. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. It may invest the remainder of its assets in certain futures, options and swap contracts, cash and cash equivalents, as well as in securities not included in the underlying index, but which the advisor believes will help the fund track the underlying index.

The ETF’s average P/E ratio is 20.83, the price to book is 1.9, the price to sales is 1.12 and the price to cashflow is 8.29. iShares Russell 2000 (IWM) is in the ETF category: Small Blend, is part of iShares fund family and currently has $29.11 billion net assets. It was started on 5/22/2000. The fund’s top holdings are: STERIS plc Ordinary Shares for 0.36% of assets, Tyler Technologies Inc. Common for 0.34%, Manhattan Associates Inc. for 0.32%, Anacor Pharmaceuticals Inc. for 0.27%, CubeSmart Common Shares for 0.27%, Dyax Corp. for 0.27%, Piedmont Natural Gas Company I for 0.26%, Neurocrine Biosciences Inc. for 0.26%, Caseys General Stores Inc. for 0.25%, West Pharmaceutical Services I for 0.25%. The ETF sector weights are: Basic Materials 4.37%, Consumer Cyclical 13.16%, Financial Services 16.40%, Realestate 9.56%, Consumer Defensive 4.33%, Healthcare 14.84%, Utilities 3.58%, Communication Services 1.28%, Energy 2.49%, Industrials 13.19%, Technology 16.80%. The ETF currently as 1.41% yield.

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