Redmont Wealth Advisors LLC Acquires New Stake in iShares Russell 2000 ETF (NYSEARCA:IWM)

Redmont Wealth Advisors LLC acquired a new stake in iShares Russell 2000 ETF (NYSEARCA:IWM) during the 4th quarter, HoldingsChannel reports. The firm acquired 3,083 shares of the exchange traded fund’s stock, valued at approximately $619,000.

Several other institutional investors have also bought and sold shares of IWM. Fairfield Bush & CO. purchased a new position in iShares Russell 2000 ETF in the second quarter valued at approximately $25,000. BKM Wealth Management LLC bought a new position in iShares Russell 2000 ETF in the fourth quarter valued at $28,000. Tucker Asset Management LLC increased its stake in iShares Russell 2000 ETF by 326.8% in the third quarter. Tucker Asset Management LLC now owns 175 shares of the exchange traded fund’s stock valued at $31,000 after acquiring an additional 134 shares during the last quarter. Arjuna Capital bought a new position in iShares Russell 2000 ETF in the third quarter valued at $34,000. Finally, Legacy Financial Group LLC bought a new position in iShares Russell 2000 ETF in the third quarter valued at $36,000.

iShares Russell 2000 ETF Stock Down 0.6 %

IWM traded down $1.25 during trading on Friday, reaching $191.59. The stock had a trading volume of 30,099,664 shares, compared to its average volume of 38,398,973. The business has a 50-day moving average of $202.93 and a 200-day moving average of $190.68. iShares Russell 2000 ETF has a one year low of $161.67 and a one year high of $211.88.

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.