IF Advisors LLC Invests $1.50 Million in iShares Russell 2000 ETF $IWM

IF Advisors LLC acquired a new position in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 6,096 shares of the exchange traded fund’s stock, valued at approximately $1,501,000. iShares Russell 2000 ETF makes up 1.2% of IF Advisors LLC’s investment portfolio, making the stock its 22nd largest holding.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. LGL Partners LLC raised its stake in shares of iShares Russell 2000 ETF by 0.3% during the 4th quarter. LGL Partners LLC now owns 11,916 shares of the exchange traded fund’s stock worth $2,933,000 after purchasing an additional 38 shares in the last quarter. Rinkey Investments raised its stake in shares of iShares Russell 2000 ETF by 2.7% during the 4th quarter. Rinkey Investments now owns 1,526 shares of the exchange traded fund’s stock worth $376,000 after purchasing an additional 40 shares in the last quarter. Moody Lynn & Lieberson LLC raised its stake in iShares Russell 2000 ETF by 0.8% in the 4th quarter. Moody Lynn & Lieberson LLC now owns 5,103 shares of the exchange traded fund’s stock valued at $1,256,000 after acquiring an additional 41 shares during the period. Northern Financial Advisors Inc raised its stake in iShares Russell 2000 ETF by 4.1% in the 3rd quarter. Northern Financial Advisors Inc now owns 1,144 shares of the exchange traded fund’s stock valued at $277,000 after acquiring an additional 45 shares during the period. Finally, Punch & Associates Investment Management Inc. raised its stake in iShares Russell 2000 ETF by 32.1% in the 3rd quarter. Punch & Associates Investment Management Inc. now owns 185 shares of the exchange traded fund’s stock valued at $45,000 after acquiring an additional 45 shares during the period.

iShares Russell 2000 ETF Trading Down 0.5%

IWM opened at $290.43 on Friday. iShares Russell 2000 ETF has a 1-year low of $202.67 and a 1-year high of $292.74. The stock’s fifty day simple moving average is $269.62 and its 200 day simple moving average is $259.73. The stock has a market cap of $80.65 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.