Platt Investment Counsel LLC Takes $5.78 Million Position in iShares Russell 2000 ETF $IWM

Platt Investment Counsel LLC purchased 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 institutional investor purchased 23,469 shares of the exchange traded fund’s stock, valued at approximately $5,777,000. iShares Russell 2000 ETF comprises 4.3% of Platt Investment Counsel LLC’s investment portfolio, making the stock its 7th biggest holding.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Investment Counsel Co. of Nevada acquired a new position in iShares Russell 2000 ETF in the 3rd quarter valued at $26,000. Measured Wealth Private Client Group LLC acquired a new stake in shares of iShares Russell 2000 ETF in the 3rd quarter worth $28,000. Abich Financial Wealth Management LLC purchased a new stake in shares of iShares Russell 2000 ETF in the third quarter valued at about $30,000. Pingora Partners LLC purchased a new stake in shares of iShares Russell 2000 ETF in the second quarter valued at about $32,000. Finally, FWL Investment Management LLC increased its stake in shares of iShares Russell 2000 ETF by 340.0% during the third quarter. FWL Investment Management LLC now owns 132 shares of the exchange traded fund’s stock worth $32,000 after acquiring an additional 102 shares during the period.

iShares Russell 2000 ETF Stock Down 2.2%

NYSEARCA IWM opened at $242.22 on Friday. The stock has a market capitalization of $69.00 billion, a P/E ratio of 17.69 and a beta of 1.13. iShares Russell 2000 ETF has a 52-week low of $171.73 and a 52-week high of $271.60. The firm has a 50-day moving average price of $260.12 and a 200 day moving average price of $250.34.

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.