HighTower Advisors LLC Raises Stake in iShares Russell 2000 ETF $IWM

HighTower Advisors LLC lifted its position in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 14.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 590,250 shares of the exchange traded fund’s stock after acquiring an additional 76,358 shares during the quarter. HighTower Advisors LLC owned 0.21% of iShares Russell 2000 ETF worth $145,296,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Investment Counsel Co. of Nevada purchased a new stake in shares of iShares Russell 2000 ETF during the 3rd quarter worth approximately $26,000. Measured Wealth Private Client Group LLC purchased a new stake in shares of iShares Russell 2000 ETF during the 3rd quarter worth approximately $28,000. Abich Financial Wealth Management LLC purchased a new stake in shares of iShares Russell 2000 ETF during the 3rd quarter worth approximately $30,000. Columbia Asset Management purchased a new stake in shares of iShares Russell 2000 ETF during the 4th quarter worth approximately $32,000. Finally, Tucker Asset Management LLC purchased a new stake in shares of iShares Russell 2000 ETF in the 4th quarter worth about $32,000.

iShares Russell 2000 ETF Stock Down 1.1%

iShares Russell 2000 ETF stock opened at $273.00 on Wednesday. iShares Russell 2000 ETF has a 52 week low of $199.65 and a 52 week high of $287.58. The firm’s 50-day simple moving average is $263.68 and its 200 day simple moving average is $257.39. The firm has a market capitalization of $75.81 billion, a PE ratio of 17.69 and a beta of 1.11.

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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.