Pettinga Financial Advisors LLC Increases Position in iShares Russell 2000 ETF (NYSEARCA:IWM)

Pettinga Financial Advisors LLC grew its holdings in iShares Russell 2000 ETF (NYSEARCA:IWM) by 6.5% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,650 shares of the exchange traded fund’s stock after purchasing an additional 100 shares during the quarter. Pettinga Financial Advisors LLC’s holdings in iShares Russell 2000 ETF were worth $335,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Ables Iannone Moore & Associates Inc. purchased a new stake in iShares Russell 2000 ETF in the 4th quarter valued at $29,000. Scarborough Advisors LLC acquired a new stake in iShares Russell 2000 ETF during the fourth quarter worth about $29,000. Atlanta Consulting Group Advisors LLC purchased a new position in iShares Russell 2000 ETF during the first quarter worth about $32,000. 1832 Asset Management L.P. acquired a new position in iShares Russell 2000 ETF in the 1st quarter valued at about $33,000. Finally, Kessler Investment Group LLC acquired a new position in iShares Russell 2000 ETF in the 1st quarter valued at about $35,000.

iShares Russell 2000 ETF Stock Up 3.2 %

Shares of NYSEARCA IWM traded up $6.82 during midday trading on Friday, reaching $220.38. 40,003,081 shares of the stock were exchanged, compared to its average volume of 34,324,305. The company has a 50 day simple moving average of $209.77 and a 200 day simple moving average of $205.15. iShares Russell 2000 ETF has a twelve month low of $161.67 and a twelve month high of $228.63.

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.