Synergy Investment Management LLC Makes New $205,000 Investment in iShares Russell 2000 ETF (NYSEARCA:IWM)

Synergy Investment Management LLC purchased a new stake in iShares Russell 2000 ETF (NYSEARCA:IWMFree Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 930 shares of the exchange traded fund’s stock, valued at approximately $205,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Legacy Investment Solutions LLC acquired a new stake in iShares Russell 2000 ETF during the 3rd quarter valued at approximately $25,000. Field & Main Bank bought a new stake in shares of iShares Russell 2000 ETF in the 4th quarter valued at $27,000. Insight Inv LLC bought a new stake in shares of iShares Russell 2000 ETF in the 4th quarter valued at $30,000. RPg Family Wealth Advisory LLC acquired a new stake in shares of iShares Russell 2000 ETF during the third quarter worth $31,000. Finally, Financial Management Professionals Inc. bought a new position in iShares Russell 2000 ETF during the fourth quarter worth $32,000.

iShares Russell 2000 ETF Stock Down 2.7 %

IWM stock opened at $208.78 on Tuesday. The firm has a market cap of $66.87 billion, a price-to-earnings ratio of 16.97 and a beta of 1.17. The company’s fifty day simple moving average is $223.31 and its 200 day simple moving average is $224.04. iShares Russell 2000 ETF has a 12-month low of $191.34 and a 12-month high of $244.98.

iShares Russell 2000 ETF Profile

(Free Report)

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.

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Institutional Ownership by Quarter for iShares Russell 2000 ETF (NYSEARCA:IWM)

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