Alley Investment Management Company LLC Has $2.72 Million Stake in iShares Russell 2000 ETF (NYSEARCA:IWM)

Alley Investment Management Company LLC boosted its holdings in iShares Russell 2000 ETF (NYSEARCA:IWM) by 1.1% in the 4th quarter, Holdings Channel.com reports. The firm owned 12,328 shares of the exchange traded fund’s stock after acquiring an additional 129 shares during the period. Alley Investment Management Company LLC’s holdings in iShares Russell 2000 ETF were worth $2,724,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Peoples Bank KS grew its holdings in shares of iShares Russell 2000 ETF by 1.3% in the fourth quarter. Peoples Bank KS now owns 3,478 shares of the exchange traded fund’s stock worth $768,000 after purchasing an additional 45 shares during the last quarter. Transform Wealth LLC grew its holdings in shares of iShares Russell 2000 ETF by 1.6% in the fourth quarter. Transform Wealth LLC now owns 2,841 shares of the exchange traded fund’s stock worth $628,000 after purchasing an additional 45 shares during the last quarter. Walkner Condon Financial Advisors LLC lifted its stake in iShares Russell 2000 ETF by 0.3% in the fourth quarter. Walkner Condon Financial Advisors LLC now owns 15,049 shares of the exchange traded fund’s stock worth $3,325,000 after acquiring an additional 45 shares during the period. Anchor Investment Management LLC lifted its stake in iShares Russell 2000 ETF by 6.8% in the third quarter. Anchor Investment Management LLC now owns 743 shares of the exchange traded fund’s stock worth $164,000 after acquiring an additional 47 shares during the period. Finally, Xcel Wealth Management LLC lifted its stake in iShares Russell 2000 ETF by 3.1% in the fourth quarter. Xcel Wealth Management LLC now owns 1,627 shares of the exchange traded fund’s stock worth $360,000 after acquiring an additional 49 shares during the period.

iShares Russell 2000 ETF Stock Down 2.7 %

Shares of IWM stock opened at $208.78 on Tuesday. The stock has a fifty day moving average of $223.31 and a 200 day moving average of $224.04. iShares Russell 2000 ETF has a 52 week low of $191.34 and a 52 week high of $244.98. The firm has a market capitalization of $66.87 billion, a price-to-earnings ratio of 16.97 and a beta of 1.17.

iShares Russell 2000 ETF Company Profile

iShares Russell 2000 ETF (the Fund) is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the Russell 2000 Index (the Index). The Index is a float-adjusted capitalization weighted index that measures the performance of the small-capitalization sector of the United States equity market and includes securities issued by the approximately 2,000 smallest issuers in the Russell 3000 Index.