Parr Mcknight Wealth Management Group LLC Invests $3.63 Million in iShares Russell 2000 ETF $IWM

Parr Mcknight Wealth Management Group LLC bought a new position in iShares Russell 2000 ETF (NYSEARCA:IWM) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 14,736 shares of the exchange traded fund’s stock, valued at approximately $3,627,000.

Other large investors have also added to or reduced their stakes in the company. Investment Counsel Co. of Nevada bought a new stake in iShares Russell 2000 ETF in the third quarter valued at $26,000. Measured Wealth Private Client Group LLC bought a new stake in iShares Russell 2000 ETF in the third quarter valued at $28,000. Abich Financial Wealth Management LLC bought a new stake in iShares Russell 2000 ETF in the third quarter valued at $30,000. Columbia Asset Management bought a new stake in iShares Russell 2000 ETF in the fourth quarter valued at $32,000. Finally, Tucker Asset Management LLC bought a new stake in iShares Russell 2000 ETF in the fourth quarter valued at $32,000.

iShares Russell 2000 ETF Stock Down 0.5%

NYSEARCA:IWM opened at $290.43 on Friday. The stock has a market cap of $80.65 billion, a P/E ratio of 17.69 and a beta of 1.11. The firm’s fifty day simple moving average is $269.62 and its 200 day simple moving average is $259.73. iShares Russell 2000 ETF has a twelve month low of $202.67 and a twelve month high of $292.74.

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.