Reinhart Partners LLC. Buys New Shares in iShares Russell 2000 ETF $IWM

Reinhart Partners LLC. bought a new stake in iShares Russell 2000 ETF (NYSEARCA:IWM) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 17,135 shares of the exchange traded fund’s stock, valued at approximately $4,218,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Investment Counsel Co. of Nevada acquired a new position in iShares Russell 2000 ETF in the third quarter valued at $26,000. Measured Wealth Private Client Group LLC acquired a new position in iShares Russell 2000 ETF in the third quarter valued at $28,000. Abich Financial Wealth Management LLC acquired a new position in iShares Russell 2000 ETF in the third quarter valued at $30,000. Columbia Asset Management acquired a new position in iShares Russell 2000 ETF in the fourth quarter valued at $32,000. Finally, Tucker Asset Management LLC acquired a new position in iShares Russell 2000 ETF in the fourth quarter valued at $32,000.

iShares Russell 2000 ETF Stock Up 0.9%

IWM stock opened at $291.66 on Wednesday. The firm has a market cap of $80.99 billion, a price-to-earnings ratio of 17.69 and a beta of 1.11. iShares Russell 2000 ETF has a 12-month low of $205.55 and a 12-month high of $292.74. The company’s fifty day simple moving average is $270.45 and its 200 day simple moving average is $260.15.

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.