Northstar Advisory Group LLC Makes New $2.22 Million Investment in iShares Russell 2000 ETF (NYSEARCA:IWM)

Northstar Advisory Group LLC bought a new position in iShares Russell 2000 ETF (NYSEARCA:IWM) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 11,068 shares of the exchange traded fund’s stock, valued at approximately $2,221,000. iShares Russell 2000 ETF makes up about 1.3% of Northstar Advisory Group LLC’s holdings, making the stock its 23rd biggest holding.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in IWM. Fairfield Bush & CO. purchased a new stake in iShares Russell 2000 ETF in the 2nd quarter worth approximately $25,000. BKM Wealth Management LLC bought a new position in shares of iShares Russell 2000 ETF during the 4th quarter valued at $28,000. Tucker Asset Management LLC raised its holdings in shares of iShares Russell 2000 ETF by 326.8% during the 3rd quarter. Tucker Asset Management LLC now owns 175 shares of the exchange traded fund’s stock valued at $31,000 after purchasing an additional 134 shares in the last quarter. Arjuna Capital bought a new position in shares of iShares Russell 2000 ETF during the 3rd quarter valued at $34,000. Finally, Legacy Financial Group LLC bought a new position in shares of iShares Russell 2000 ETF during the 3rd quarter valued at $36,000.

iShares Russell 2000 ETF Stock Performance

iShares Russell 2000 ETF stock opened at $210.15 on Thursday. iShares Russell 2000 ETF has a 1-year low of $161.67 and a 1-year high of $210.53. The firm’s fifty day simple moving average is $200.09 and its 200-day simple moving average is $188.11.

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.