Institute for Wealth Management LLC. Has $2.51 Million Stock Position in iShares Russell 2000 ETF (NYSEARCA:IWM)

Institute for Wealth Management LLC. boosted its stake in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 8.2% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 11,347 shares of the exchange traded fund’s stock after purchasing an additional 864 shares during the period. Institute for Wealth Management LLC.’s holdings in iShares Russell 2000 ETF were worth $2,507,000 as of its most recent filing with the SEC.

Other hedge funds have also recently bought and sold shares of the company. Hansen & Associates Financial Group Inc. acquired a new position in shares of iShares Russell 2000 ETF during the 4th quarter worth about $7,752,000. Integris Wealth Management LLC grew its holdings in iShares Russell 2000 ETF by 37.6% during the fourth quarter. Integris Wealth Management LLC now owns 2,890 shares of the exchange traded fund’s stock worth $639,000 after purchasing an additional 790 shares during the period. CMG Global Holdings LLC increased its position in iShares Russell 2000 ETF by 6.9% during the fourth quarter. CMG Global Holdings LLC now owns 21,940 shares of the exchange traded fund’s stock worth $5,009,000 after buying an additional 1,407 shares during the last quarter. Cibc World Market Inc. raised its stake in iShares Russell 2000 ETF by 18.1% in the fourth quarter. Cibc World Market Inc. now owns 2,868,379 shares of the exchange traded fund’s stock valued at $633,797,000 after buying an additional 440,218 shares during the period. Finally, Clarity Financial LLC acquired a new stake in shares of iShares Russell 2000 ETF in the fourth quarter valued at approximately $389,000.

iShares Russell 2000 ETF Price Performance

IWM stock opened at $228.53 on Friday. iShares Russell 2000 ETF has a 1-year low of $190.06 and a 1-year high of $244.98. The business’s 50 day simple moving average is $229.03 and its 200 day simple moving average is $222.67.

iShares Russell 2000 ETF 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.