Navigation Group LLC Takes $918,000 Position in iShares Russell 2000 ETF $IWM

Navigation Group LLC purchased a new stake in iShares Russell 2000 ETF (NYSEARCA:IWM) during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 3,701 shares of the exchange traded fund’s stock, valued at approximately $918,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. DSG Capital Advisors LLC acquired a new position in shares of iShares Russell 2000 ETF during the fourth quarter valued at approximately $1,354,000. Horizon Wealth Management LLC acquired a new stake in shares of iShares Russell 2000 ETF in the first quarter worth approximately $22,859,000. Westwood Wealth Management acquired a new stake in shares of iShares Russell 2000 ETF in the fourth quarter worth approximately $820,000. Apollon Wealth Management LLC increased its position in shares of iShares Russell 2000 ETF by 26.4% during the fourth quarter. Apollon Wealth Management LLC now owns 14,877 shares of the exchange traded fund’s stock worth $3,662,000 after purchasing an additional 3,107 shares in the last quarter. Finally, Gryphon Financial Partners LLC increased its position in shares of iShares Russell 2000 ETF by 62.7% during the fourth quarter. Gryphon Financial Partners LLC now owns 12,180 shares of the exchange traded fund’s stock worth $2,998,000 after purchasing an additional 4,696 shares in the last quarter.

iShares Russell 2000 ETF Stock Performance

NYSEARCA IWM opened at $295.77 on Thursday. The business has a fifty day moving average price of $290.33 and a 200 day moving average price of $270.87. The company has a market cap of $83.33 billion, a P/E ratio of 17.69 and a beta of 1.10. iShares Russell 2000 ETF has a one year low of $212.34 and a one year high of $302.72.

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