First National Corp MA ADV Makes New Investment in iShares Russell 2000 ETF (NYSEARCA:IWM)

First National Corp MA ADV bought a new position in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 4,939 shares of the exchange traded fund’s stock, valued at approximately $985,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Atala Financial Inc bought a new position in iShares Russell 2000 ETF during the fourth quarter worth about $27,000. Conquis Financial LLC bought a new position in shares of iShares Russell 2000 ETF during the 4th quarter valued at about $30,000. Thompson Investment Management Inc. bought a new position in shares of iShares Russell 2000 ETF during the 4th quarter valued at about $32,000. Navigoe LLC bought a new position in shares of iShares Russell 2000 ETF during the 4th quarter valued at about $33,000. Finally, Marshall Investment Management LLC bought a new position in shares of iShares Russell 2000 ETF during the 4th quarter valued at about $35,000.

iShares Russell 2000 ETF Price Performance

NYSEARCA:IWM opened at $211.90 on Friday. iShares Russell 2000 ETF has a fifty-two week low of $171.73 and a fifty-two week high of $244.98. The stock has a market capitalization of $63.54 billion, a PE ratio of 16.63 and a beta of 1.11. The business’s 50-day simple moving average is $196.90 and its 200-day simple moving average is $213.31.

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.