Lee Johnson Capital Management LLC Acquires Shares of 79,675 iShares Russell 2000 ETF (NYSEARCA:IWM)

Lee Johnson Capital Management LLC bought a new position in iShares Russell 2000 ETF (NYSEARCA:IWM) in the 1st quarter, HoldingsChannel.com reports. The institutional investor bought 79,675 shares of the exchange traded fund’s stock, valued at approximately $16,756,000. iShares Russell 2000 ETF accounts for 8.7% of Lee Johnson Capital Management LLC’s holdings, making the stock its 3rd biggest holding.

Other large investors have also recently modified their holdings of the company. Federated Hermes Inc. grew its stake in iShares Russell 2000 ETF by 109.9% in the third quarter. Federated Hermes Inc. now owns 2,040 shares of the exchange traded fund’s stock worth $361,000 after purchasing an additional 1,068 shares during the period. Ameriprise Financial Inc. increased its stake in shares of iShares Russell 2000 ETF by 11.3% in the 3rd quarter. Ameriprise Financial Inc. now owns 1,254,052 shares of the exchange traded fund’s stock worth $221,568,000 after acquiring an additional 126,823 shares in the last quarter. Earnest Partners LLC lifted its position in iShares Russell 2000 ETF by 215.3% during the 3rd quarter. Earnest Partners LLC now owns 12,792 shares of the exchange traded fund’s stock valued at $2,261,000 after acquiring an additional 8,735 shares during the period. Legacy Advisors LLC boosted its stake in iShares Russell 2000 ETF by 3.3% during the third quarter. Legacy Advisors LLC now owns 6,711 shares of the exchange traded fund’s stock worth $1,192,000 after acquiring an additional 216 shares in the last quarter. Finally, Laurel Wealth Advisors LLC boosted its stake in iShares Russell 2000 ETF by 3.2% during the third quarter. Laurel Wealth Advisors LLC now owns 13,344 shares of the exchange traded fund’s stock worth $2,358,000 after acquiring an additional 420 shares in the last quarter.

iShares Russell 2000 ETF Price Performance

IWM traded down $0.06 during midday trading on Thursday, reaching $201.82. The company’s stock had a trading volume of 15,167,150 shares, compared to its average volume of 24,198,252. iShares Russell 2000 ETF has a 1 year low of $161.67 and a 1 year high of $211.88. The stock’s 50-day moving average is $202.74 and its 200-day moving average is $200.89.

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.