Lionshead Wealth Management LLC Invests $1.79 Million in iShares Russell 2000 ETF (NYSEARCA:IWM)

Lionshead Wealth Management LLC bought a new position in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) in the 4th quarter, HoldingsChannel.com reports. The institutional investor bought 8,080 shares of the exchange traded fund’s stock, valued at approximately $1,786,000. iShares Russell 2000 ETF accounts for about 1.3% of Lionshead Wealth Management LLC’s investment portfolio, making the stock its 24th biggest holding.

Several other institutional investors and hedge funds have also made changes to their positions in IWM. Proficio Capital Partners LLC bought a new stake in shares of iShares Russell 2000 ETF during the fourth quarter worth $4,672,147,000. JPMorgan Chase & Co. increased its stake in shares of iShares Russell 2000 ETF by 50.5% during the third quarter. JPMorgan Chase & Co. now owns 4,313,404 shares of the exchange traded fund’s stock valued at $952,788,000 after buying an additional 1,446,443 shares during the period. Wealthfront Advisers LLC increased its stake in shares of iShares Russell 2000 ETF by 45,890.5% during the fourth quarter. Wealthfront Advisers LLC now owns 1,394,893 shares of the exchange traded fund’s stock valued at $308,216,000 after buying an additional 1,391,860 shares during the period. Strategic Financial Concepts LLC increased its stake in shares of iShares Russell 2000 ETF by 21,916.2% during the fourth quarter. Strategic Financial Concepts LLC now owns 737,763 shares of the exchange traded fund’s stock valued at $163,016,000 after buying an additional 734,412 shares during the period. Finally, Alliancebernstein L.P. increased its stake in shares of iShares Russell 2000 ETF by 90.0% during the fourth quarter. Alliancebernstein L.P. now owns 1,079,970 shares of the exchange traded fund’s stock valued at $238,630,000 after buying an additional 511,699 shares during the period.

iShares Russell 2000 ETF Trading Down 0.2%

Shares of iShares Russell 2000 ETF stock opened at $200.81 on Monday. The firm has a market cap of $62.87 billion, a P/E ratio of 15.40 and a beta of 1.12. iShares Russell 2000 ETF has a 12 month low of $171.73 and a 12 month high of $244.98. The stock’s fifty day moving average price is $195.58 and its 200-day moving average price is $216.10.

About iShares Russell 2000 ETF

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.