Parallel Advisors LLC Boosts Position in iShares Russell 2000 ETF $IWM

Parallel Advisors LLC raised its position in iShares Russell 2000 ETF (NYSEARCA:IWM) by 15.9% during the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 28,151 shares of the exchange traded fund’s stock after purchasing an additional 3,858 shares during the period. Parallel Advisors LLC’s holdings in iShares Russell 2000 ETF were worth $6,982,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the company. DSG Capital Advisors LLC acquired a new position in iShares Russell 2000 ETF in the fourth quarter valued at $1,354,000. Horizon Wealth Management LLC purchased a new position in iShares Russell 2000 ETF during the first quarter worth about $22,859,000. Westwood Wealth Management acquired a new stake in iShares Russell 2000 ETF in the 4th quarter worth about $820,000. Apollon Wealth Management LLC boosted its stake in iShares Russell 2000 ETF by 26.4% in the 4th quarter. Apollon Wealth Management LLC now owns 14,877 shares of the exchange traded fund’s stock worth $3,662,000 after buying an additional 3,107 shares during the last quarter. Finally, Bryn Mawr Trust Advisors LLC grew its holdings in iShares Russell 2000 ETF by 37.8% in the 1st quarter. Bryn Mawr Trust Advisors LLC now owns 9,676 shares of the exchange traded fund’s stock valued at $2,400,000 after buying an additional 2,654 shares during the period.

iShares Russell 2000 ETF Price Performance

IWM opened at $292.31 on Tuesday. iShares Russell 2000 ETF has a 12 month low of $212.34 and a 12 month high of $302.72. The business has a 50-day moving average of $290.94 and a two-hundred day moving average of $271.80. The stock has a market capitalization of $81.23 billion, a price-to-earnings ratio of 17.69 and a beta of 1.10.

iShares Russell 2000 ETF Company 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.