Kraft Davis & Associates LLC Makes New Investment in iShares Russell 2000 ETF (NYSEARCA:IWM)

Kraft Davis & Associates LLC purchased a new position in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) during the fourth quarter, HoldingsChannel.com reports. The institutional investor purchased 1,227 shares of the exchange traded fund’s stock, valued at approximately $241,000.

A number of other large investors have also made changes to their positions in the stock. Fairfield Bush & CO. acquired a new stake in iShares Russell 2000 ETF in the 2nd quarter valued at about $25,000. BKM Wealth Management LLC purchased a new stake in iShares Russell 2000 ETF in the 4th quarter valued at approximately $28,000. Tucker Asset Management LLC grew its holdings in iShares Russell 2000 ETF by 326.8% during the 3rd quarter. Tucker Asset Management LLC now owns 175 shares of the exchange traded fund’s stock valued at $31,000 after buying an additional 134 shares during the last quarter. Arjuna Capital purchased a new position in iShares Russell 2000 ETF during the third quarter worth $34,000. Finally, Legacy Financial Group LLC acquired a new position in shares of iShares Russell 2000 ETF in the third quarter worth $36,000.

iShares Russell 2000 ETF Stock Up 0.2 %

Shares of IWM traded up $0.30 during trading hours on Friday, reaching $193.14. 42,666,521 shares of the company traded hands, compared to its average volume of 31,588,852. The stock has a fifty day simple moving average of $202.80 and a 200 day simple moving average of $190.81. iShares Russell 2000 ETF has a fifty-two week low of $161.67 and a fifty-two week high of $211.88.

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.