Spectrum Wealth Counsel LLC Raises Stock Position in iShares Russell 2000 ETF (NYSEARCA:IWM)

Spectrum Wealth Counsel LLC lifted its position in iShares Russell 2000 ETF (NYSEARCA:IWM) by 0.4% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 26,217 shares of the exchange traded fund’s stock after buying an additional 117 shares during the period. Spectrum Wealth Counsel LLC’s holdings in iShares Russell 2000 ETF were worth $5,793,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Newbridge Financial Services Group Inc. purchased a new stake in iShares Russell 2000 ETF during the 4th quarter worth approximately $505,000. Ritholtz Wealth Management lifted its stake in iShares Russell 2000 ETF by 7.7% during the 4th quarter. Ritholtz Wealth Management now owns 2,276 shares of the exchange traded fund’s stock valued at $503,000 after acquiring an additional 162 shares during the period. Pinnacle Wealth Management Advisory Group LLC lifted its stake in iShares Russell 2000 ETF by 0.6% during the 4th quarter. Pinnacle Wealth Management Advisory Group LLC now owns 56,314 shares of the exchange traded fund’s stock valued at $12,443,000 after acquiring an additional 339 shares during the period. Legacy Trust lifted its stake in iShares Russell 2000 ETF by 1.0% during the 4th quarter. Legacy Trust now owns 30,400 shares of the exchange traded fund’s stock valued at $6,717,000 after acquiring an additional 295 shares during the period. Finally, Aurelius Family Office LLC acquired a new stake in iShares Russell 2000 ETF during the 4th quarter valued at approximately $1,244,000.

iShares Russell 2000 ETF Trading Up 1.1 %

Shares of NYSEARCA IWM opened at $214.65 on Friday. iShares Russell 2000 ETF has a 12 month low of $191.34 and a 12 month high of $244.98. The company has a 50 day simple moving average of $223.56 and a two-hundred day simple moving average of $223.83. The stock has a market cap of $68.75 billion, a price-to-earnings ratio of 16.97 and a beta of 1.17.

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.