Sterling Investment Counsel LLC Makes New Investment in iShares Russell 2000 ETF $IWM

Sterling Investment Counsel LLC bought a new position in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 1,884 shares of the exchange traded fund’s stock, valued at approximately $467,000.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the stock. Brighton Jones LLC grew its holdings in shares of iShares Russell 2000 ETF by 2.6% during the 4th quarter. Brighton Jones LLC now owns 87,732 shares of the exchange traded fund’s stock valued at $19,385,000 after purchasing an additional 2,221 shares during the last quarter. Revolve Wealth Partners LLC lifted its stake in iShares Russell 2000 ETF by 13.2% in the 4th quarter. Revolve Wealth Partners LLC now owns 12,233 shares of the exchange traded fund’s stock valued at $2,703,000 after purchasing an additional 1,431 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in iShares Russell 2000 ETF by 16.3% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 9,300 shares of the exchange traded fund’s stock valued at $1,855,000 after purchasing an additional 1,300 shares during the last quarter. FSC Wealth Advisors LLC boosted its position in iShares Russell 2000 ETF by 416.6% in the second quarter. FSC Wealth Advisors LLC now owns 22,515 shares of the exchange traded fund’s stock valued at $4,859,000 after buying an additional 18,157 shares in the last quarter. Finally, Sei Investments Co. boosted its position in iShares Russell 2000 ETF by 22.3% in the second quarter. Sei Investments Co. now owns 16,320 shares of the exchange traded fund’s stock valued at $3,522,000 after buying an additional 2,975 shares in the last quarter.

iShares Russell 2000 ETF Stock Performance

NYSEARCA IWM opened at $295.59 on Monday. The firm’s fifty day moving average price is $281.83 and its two-hundred day moving average price is $265.07. The stock has a market cap of $82.09 billion, a PE ratio of 17.69 and a beta of 1.11. iShares Russell 2000 ETF has a fifty-two week low of $206.81 and a fifty-two week high of $297.91.

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.