Independent Wealth Network Inc. Acquires 744 Shares of iShares Russell 2000 ETF (NYSEARCA:IWM)

Independent Wealth Network Inc. boosted its holdings in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 40.5% during the 4th quarter, Holdings Channel.com reports. The fund owned 2,582 shares of the exchange traded fund’s stock after purchasing an additional 744 shares during the period. Independent Wealth Network Inc.’s holdings in iShares Russell 2000 ETF were worth $571,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in IWM. Peoples Bank KS raised its position 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 valued at $768,000 after purchasing an additional 45 shares during the period. Transform Wealth LLC raised its position 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 valued at $628,000 after purchasing an additional 45 shares during the period. Anchor Investment Management LLC raised its position in shares of 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 valued at $164,000 after purchasing an additional 47 shares during the period. Front Row Advisors LLC raised its position in shares of iShares Russell 2000 ETF by 34.3% in the second quarter. Front Row Advisors LLC now owns 192 shares of the exchange traded fund’s stock valued at $39,000 after purchasing an additional 49 shares during the period. Finally, Wedmont Private Capital raised its position in shares of iShares Russell 2000 ETF by 0.6% in the third quarter. Wedmont Private Capital now owns 8,597 shares of the exchange traded fund’s stock valued at $1,869,000 after purchasing an additional 52 shares during the period.

iShares Russell 2000 ETF Price Performance

NYSEARCA:IWM opened at $228.29 on Thursday. iShares Russell 2000 ETF has a 12 month low of $190.06 and a 12 month high of $244.98. The company’s 50 day moving average is $229.44 and its 200-day moving average is $221.88.

About iShares Russell 2000 ETF

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.