Gilpin Wealth Management LLC Acquires New Position in iShares Russell 2000 ETF $IWM

Gilpin Wealth Management LLC purchased a new position in iShares Russell 2000 ETF (NYSEARCA:IWM) during the 4th quarter, HoldingsChannel reports. The institutional investor purchased 3,108 shares of the exchange traded fund’s stock, valued at approximately $765,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of IWM. Investment Counsel Co. of Nevada acquired a new position in iShares Russell 2000 ETF in the 3rd quarter worth approximately $26,000. Measured Wealth Private Client Group LLC acquired a new position in iShares Russell 2000 ETF in the 3rd quarter worth approximately $28,000. Abich Financial Wealth Management LLC acquired a new position in iShares Russell 2000 ETF in the 3rd quarter worth approximately $30,000. Columbia Asset Management acquired a new position in iShares Russell 2000 ETF in the 4th quarter worth approximately $32,000. Finally, Tucker Asset Management LLC acquired a new position in iShares Russell 2000 ETF in the 4th quarter worth approximately $32,000.

iShares Russell 2000 ETF Trading Down 1.0%

Shares of NYSEARCA:IWM opened at $282.05 on Thursday. iShares Russell 2000 ETF has a twelve month low of $206.81 and a twelve month high of $292.88. The company’s 50 day moving average is $276.12 and its 200 day moving average is $262.67. The company has a market cap of $78.33 billion, a PE ratio of 17.69 and a beta of 1.11.

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.