Freedom Investment Management Inc. Has $969,000 Stock Position in iShares Russell 2000 ETF (NYSEARCA:IWM)

Freedom Investment Management Inc. increased its position in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 7.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 4,386 shares of the exchange traded fund’s stock after acquiring an additional 308 shares during the quarter. Freedom Investment Management Inc.’s holdings in iShares Russell 2000 ETF were worth $969,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Amundi increased its holdings in iShares Russell 2000 ETF by 1,894.7% in the fourth quarter. Amundi now owns 1,895 shares of the exchange traded fund’s stock valued at $420,000 after purchasing an additional 1,800 shares during the last quarter. Newbridge Financial Services Group Inc. acquired a new stake in shares of iShares Russell 2000 ETF in the 4th quarter valued at approximately $505,000. Ritholtz Wealth Management boosted its stake in iShares Russell 2000 ETF by 7.7% during the 4th quarter. Ritholtz Wealth Management now owns 2,276 shares of the exchange traded fund’s stock worth $503,000 after acquiring an additional 162 shares during the last quarter. Pinnacle Wealth Management Advisory Group LLC grew its holdings in iShares Russell 2000 ETF by 0.6% during the fourth quarter. Pinnacle Wealth Management Advisory Group LLC now owns 56,314 shares of the exchange traded fund’s stock valued at $12,443,000 after purchasing an additional 339 shares during the period. Finally, Legacy Trust increased its stake in iShares Russell 2000 ETF by 1.0% in the fourth quarter. Legacy Trust now owns 30,400 shares of the exchange traded fund’s stock valued at $6,717,000 after purchasing an additional 295 shares in the last quarter.

iShares Russell 2000 ETF Stock Up 0.8 %

Shares of NYSEARCA IWM opened at $186.48 on Friday. iShares Russell 2000 ETF has a twelve month low of $171.73 and a twelve month high of $244.98. The company’s fifty day moving average is $202.79 and its 200-day moving average is $218.82. The stock has a market cap of $59.70 billion, a price-to-earnings ratio of 15.93 and a beta of 1.12.

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.