iShares Russell 2000 (IWM) Buys $2.4 Million More Jackson Financial on Tuesday

This article first appeared on GuruFocus.

iShares Russell 2000 Index Fund (IWM) was almost entirely a buyer on Tuesday, with 1,860 positions increased against two decreased. The ETF recorded $387.1 million in net buying on $389.2 million of gross trading, against $77.44 billion in assets.

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What did IWM buy on Tuesday?

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Its largest buys by dollar value were JXN ($2.4 million), GKOS ($1.9 million) and BTSG ($1.7 million).

Stock

Shares changed

Value

Position

JACKSON FINANCIAL CLASS A (JXN)

+17,370

$2.4M

0.31% of fund

GLAUKOS (GKOS)

+8,130

$1.9M

0.45% of fund

BRIGHTSPRING HEALTH SERVICES INC (BTSG)

+23,700

$1.7M

0.40% of fund

MOOG INC CLASS A (MOG.A)

+4,020

$1.5M

0.35% of fund

UMB FINANCIAL (UMBF)

+10,410

$1.4M

0.34% of fund

What did IWM sell on Tuesday?

Its largest sells by dollar value were UTMD ($0.9 million) and FCF ($0.2 million).

Stock

Shares changed

Value

Position

UTAH MEDICAL PRODUCTS INC (UTMD)

-13,107

-$0.9M

0.00% of fund

FIRST COMMONWEALTH FINANCIAL CORP (FCF)

-8,486

-$0.2M

0.07% of fund

Jackson Financial Class A led the buys at $2.4 million, lifting its weight to 0.31%, followed by Glaukos at $1.9 million and BrightSpring Health Services at $1.7 million. Moog Class A drew $1.5 million and UMB Financial $1.4 million, with none of the top buys marking new positions. On the sell side, Utah Medical Products was cut by $0.9 million and First Commonwealth Financial by $0.2 million; no positions were fully exited.

How does IWM invest?

The fund sits in the Equity US Sm&Mid Cap category and holds 1,723 stocks, with just 3.4% of assets in its 10 largest holdings. Healthcare accounts for 20.9% of classified stocks, Financial Services 18.5% and Technology 13.9%, while mid-caps make up 71.1% of the mix, small-caps 26.0% and large-caps 2.9%. It charges 0.19% and its top holdings are Glaukos at 0.45%, BrightSpring Health Services at 0.4%, Moog Class A at 0.35%, UMB Financial at 0.34% and Viasat at 0.33%. The fund has a GF Score of 70, a P/E of 15.17, a P/B of 2.02, a dividend yield of 1.06% and a year-to-date return of 16.16%.

iShares Russell 2000 Index Fund (IWM) at a glance

Measure

Value

What should investors watch next for IWM?

With only two positions trimmed, watch whether the next update brings a broader wave of selling or keeps the fund in accumulation mode. Also watch whether Jackson Financial and the other top buys keep climbing in weight.

Based on holdings changes reported by iShares Russell 2000 Index Fund (IWM) for Nov. 3, 2026, US-listed stocks only.