iShares Russell 2000 ETF $IWM Shares Bought by Private Advisor Group LLC

Private Advisor Group LLC increased its stake in iShares Russell 2000 ETF (NYSEARCA:IWM) by 5.9% in the 3rd quarter, HoldingsChannel reports. The fund owned 203,695 shares of the exchange traded fund’s stock after acquiring an additional 11,264 shares during the period. Private Advisor Group LLC’s holdings in iShares Russell 2000 ETF were worth $49,286,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in IWM. Investment Counsel Co. of Nevada acquired a new stake in iShares Russell 2000 ETF in the third quarter worth approximately $26,000. Abich Financial Wealth Management LLC acquired a new position in shares of iShares Russell 2000 ETF during the 3rd quarter valued at $30,000. Pingora Partners LLC acquired a new position in shares of iShares Russell 2000 ETF during the 2nd quarter valued at $32,000. Beacon Capital Management Inc. bought a new stake in shares of iShares Russell 2000 ETF in the 2nd quarter worth $35,000. Finally, GGM Financials LLC bought a new stake in shares of iShares Russell 2000 ETF in the 3rd quarter worth $35,000.

iShares Russell 2000 ETF Stock Down 2.3%

Shares of iShares Russell 2000 ETF stock opened at $250.89 on Monday. The business has a fifty day simple moving average of $260.78 and a 200-day simple moving average of $249.51. iShares Russell 2000 ETF has a fifty-two week low of $171.73 and a fifty-two week high of $271.60. The firm has a market cap of $71.47 billion, a price-to-earnings ratio of 17.69 and a beta of 1.13.

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.