Wambolt & Associates LLC Invests $332,000 in iShares Russell 2000 ETF (NYSEARCA:IWM)

Wambolt & Associates LLC bought a new position in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 1,502 shares of the exchange traded fund’s stock, valued at approximately $332,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in IWM. Proficio Capital Partners LLC purchased a new stake in shares of iShares Russell 2000 ETF during the 4th quarter worth approximately $4,672,147,000. JPMorgan Chase & Co. raised its stake in iShares Russell 2000 ETF by 50.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 4,313,404 shares of the exchange traded fund’s stock worth $952,788,000 after acquiring an additional 1,446,443 shares in the last quarter. Wealthfront Advisers LLC lifted its position in iShares Russell 2000 ETF by 45,890.5% in 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 acquiring an additional 1,391,860 shares during the last quarter. Strategic Financial Concepts LLC boosted its stake in iShares Russell 2000 ETF by 21,916.2% in 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 acquiring an additional 734,412 shares in the last quarter. Finally, Redwood Investment Management LLC purchased a new position in shares of iShares Russell 2000 ETF during the third quarter worth about $142,774,000.

iShares Russell 2000 ETF Stock Performance

IWM opened at $207.70 on Wednesday. iShares Russell 2000 ETF has a one year low of $191.34 and a one year high of $244.98. The stock has a market capitalization of $67.13 billion, a P/E ratio of 16.20 and a beta of 1.19. The business’s 50-day simple moving average is $217.77 and its 200-day simple moving average is $222.76.

iShares Russell 2000 ETF Company 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.