Arete Wealth Advisors LLC Buys New Shares in iShares Russell 2000 ETF (NYSEARCA:IWM)

Arete Wealth Advisors LLC purchased a new stake in iShares Russell 2000 ETF (NYSEARCA:IWM) during the 3rd quarter, Holdings Channel.com reports. The institutional investor purchased 25,015 shares of the exchange traded fund’s stock, valued at approximately $5,507,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. Legacy Investment Solutions LLC purchased a new stake in shares of iShares Russell 2000 ETF during the third quarter valued at $25,000. Northwest Investment Counselors LLC purchased a new stake in iShares Russell 2000 ETF during the third quarter valued at about $26,000. PSI Advisors LLC boosted its holdings in shares of iShares Russell 2000 ETF by 116.7% in the third quarter. PSI Advisors LLC now owns 117 shares of the exchange traded fund’s stock worth $26,000 after buying an additional 63 shares during the period. Centerpoint Advisors LLC increased its position in shares of iShares Russell 2000 ETF by 625.0% in the second quarter. Centerpoint Advisors LLC now owns 145 shares of the exchange traded fund’s stock worth $29,000 after acquiring an additional 125 shares in the last quarter. Finally, Cordant Inc. acquired a new stake in shares of iShares Russell 2000 ETF during the second quarter valued at approximately $30,000.

iShares Russell 2000 ETF Stock Performance

Shares of NYSEARCA:IWM opened at $236.80 on Wednesday. iShares Russell 2000 ETF has a 52 week low of $185.34 and a 52 week high of $244.98. The firm has a 50 day simple moving average of $228.57 and a 200 day simple moving average of $216.94.

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.