MLP3 LLC Takes Position in iShares Russell 2000 ETF $IWM

MLP3 LLC acquired a new position in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 8,792 shares of the exchange traded fund’s stock, valued at approximately $2,164,000. iShares Russell 2000 ETF makes up about 2.4% of MLP3 LLC’s portfolio, making the stock its 11th largest position.

Other hedge funds have also bought and sold shares of the company. DSG Capital Advisors LLC bought a new stake in iShares Russell 2000 ETF during the fourth quarter worth about $1,354,000. Cobblestone Capital Advisors LLC NY raised its holdings in iShares Russell 2000 ETF by 22.5% in the third quarter. Cobblestone Capital Advisors LLC NY now owns 32,691 shares of the exchange traded fund’s stock worth $7,910,000 after buying an additional 6,002 shares during the last quarter. Capstone Wealth Management Group LLC purchased a new position in iShares Russell 2000 ETF in the third quarter worth about $6,291,000. Westwood Wealth Management purchased a new position in iShares Russell 2000 ETF in the fourth quarter worth about $820,000. Finally, Citizens Business Bank raised its holdings in iShares Russell 2000 ETF by 15.9% in the third quarter. Citizens Business Bank now owns 39,714 shares of the exchange traded fund’s stock worth $9,609,000 after buying an additional 5,456 shares during the last quarter.

iShares Russell 2000 ETF Stock Performance

Shares of iShares Russell 2000 ETF stock opened at $292.95 on Monday. The stock has a market capitalization of $81.35 billion, a PE ratio of 17.69 and a beta of 1.11. iShares Russell 2000 ETF has a 52-week low of $206.81 and a 52-week high of $295.72. The company has a 50-day simple moving average of $277.84 and a two-hundred day simple moving average of $263.43.

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.