Ruggiero Investments Inc. Buys New Position in iShares Russell 2000 ETF $IWM

Ruggiero Investments Inc. acquired a new stake in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 6,855 shares of the exchange traded fund’s stock, valued at approximately $1,688,000. iShares Russell 2000 ETF comprises 1.5% of Ruggiero Investments Inc.’s portfolio, making the stock its 19th largest holding.

Other hedge funds also recently added to or reduced their stakes in the company. DSG Capital Advisors LLC acquired a new stake in iShares Russell 2000 ETF during the 4th quarter worth approximately $1,354,000. Angeles Investment Advisors LLC lifted its position in iShares Russell 2000 ETF by 29,431.2% during the 3rd quarter. Angeles Investment Advisors LLC now owns 224,142 shares of the exchange traded fund’s stock worth $54,233,000 after acquiring an additional 223,383 shares during the period. Cobblestone Capital Advisors LLC NY lifted its position in iShares Russell 2000 ETF by 22.5% during the 3rd quarter. Cobblestone Capital Advisors LLC NY now owns 32,691 shares of the exchange traded fund’s stock worth $7,910,000 after acquiring an additional 6,002 shares during the period. Capstone Wealth Management Group LLC acquired a new stake in iShares Russell 2000 ETF during the 3rd quarter worth approximately $6,291,000. Finally, Westwood Wealth Management acquired a new stake in iShares Russell 2000 ETF during the 4th quarter worth approximately $820,000.

iShares Russell 2000 ETF Trading Up 3.0%

iShares Russell 2000 ETF stock opened at $290.41 on Friday. iShares Russell 2000 ETF has a twelve month low of $206.81 and a twelve month high of $292.88. The stock has a 50 day moving average of $276.97 and a two-hundred day moving average of $263.05. The stock has a market capitalization of $80.65 billion, a price-to-earnings ratio of 17.69 and a beta of 1.11.

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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.