Maseco LLP Purchases New Position in iShares Russell 2000 ETF $IWM

Maseco LLP purchased a new stake in iShares Russell 2000 ETF (NYSEARCA:IWM) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 1,768 shares of the exchange traded fund’s stock, valued at approximately $438,000.

Other hedge funds have also bought and sold shares of the company. Investment Counsel Co. of Nevada purchased a new stake in iShares Russell 2000 ETF during the third quarter worth $26,000. Acumen Wealth Advisors LLC purchased a new position in iShares Russell 2000 ETF in the fourth quarter valued at $27,000. Measured Wealth Private Client Group LLC purchased a new position in iShares Russell 2000 ETF in the third quarter valued at $28,000. Osbon Capital Management LLC purchased a new position in iShares Russell 2000 ETF in the fourth quarter valued at $31,000. Finally, FWL Investment Management LLC raised its position in shares of iShares Russell 2000 ETF by 340.0% in the third quarter. FWL Investment Management LLC now owns 132 shares of the exchange traded fund’s stock worth $32,000 after acquiring an additional 102 shares during the period.

iShares Russell 2000 ETF Stock Up 0.7%

IWM stock opened at $298.91 on Friday. The company’s 50-day simple moving average is $284.47 and its 200-day simple moving average is $266.42. iShares Russell 2000 ETF has a 52-week low of $212.34 and a 52-week high of $301.50. The firm has a market cap of $83.01 billion, a P/E 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.