Intelligence Driven Advisers LLC Makes New $479,000 Investment in iShares Russell 2000 ETF (NYSEARCA:IWM)

Intelligence Driven Advisers LLC acquired a new position in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) in the 2nd quarter, Holdings Channel reports. The fund acquired 2,363 shares of the exchange traded fund’s stock, valued at approximately $479,000.

Several other institutional investors and hedge funds have also made changes to their positions in IWM. Ables Iannone Moore & Associates Inc. acquired a new position in shares of iShares Russell 2000 ETF in the fourth quarter worth about $29,000. Centerpoint Advisors LLC increased its stake in shares of iShares Russell 2000 ETF by 625.0% during the second quarter. Centerpoint Advisors LLC now owns 145 shares of the exchange traded fund’s stock worth $29,000 after purchasing an additional 125 shares in the last quarter. Scarborough Advisors LLC purchased a new stake in shares of iShares Russell 2000 ETF during the fourth quarter worth about $29,000. Cordant Inc. purchased a new stake in shares of iShares Russell 2000 ETF during the second quarter worth about $30,000. Finally, Atlanta Consulting Group Advisors LLC purchased a new stake in shares of iShares Russell 2000 ETF during the first quarter worth about $32,000.

iShares Russell 2000 ETF Stock Down 1.9 %

Shares of IWM stock traded down $4.03 on Friday, reaching $207.90. 34,561,311 shares of the company were exchanged, compared to its average volume of 33,838,492. The business has a 50-day moving average price of $212.82 and a 200 day moving average price of $206.28. iShares Russell 2000 ETF has a 1 year low of $161.67 and a 1 year high of $228.63.

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.