Associated Banc Boosts Russell 2000 ETF Stake 151.1% to $6.49M; Benjamin Edwards Up 23.9%
Associated Banc Corp boosted its IWM stake 151.1% to 26,823 shares by adding 16,142 shares in Q3, raising its position to $6.49 million. Benjamin Edwards Inc. increased its IWM holding 23.9% during the same quarter to 14,852 shares valued at $3.59 million.
1. Associated Banc Corp Significantly Increases IWM Stake
In its latest SEC filing for the third quarter, Associated Banc Corp boosted its position in the iShares Russell 2000 ETF by 151.1%, acquiring an additional 16,142 shares to bring its total to 26,823 shares. The new holdings had an aggregate value of $6.49 million at quarter end. This move marks one of the largest single-quarter percentage increases among institutional holders of the small-cap benchmark fund.
2. Benjamin Edwards Inc. and Peers Adjust Small-Cap Exposure
Benjamin Edwards Inc. lifted its IWM position by 23.9% during the same period, adding 2,863 shares to reach 14,852 shares valued at $3.59 million. Other advisors also made modest adjustments: Bernard Wealth Management added 47 shares for a total of 5,976; Thoroughbred Financial Services increased by 48 shares to 3,277; Crowley Wealth Management acquired 50 more shares, raising its holding to 665; Occidental Asset Management added 51 shares to reach 3,396; and Firestone Capital Management bought 54 additional shares to hold 15,459. Collectively, these moves illustrate a cautious but broad-based trend among institutions to fine-tune their small-cap exposure ahead of year-end portfolio reviews.