Navis Wealth Advisors LLC Buys Shares of 1,210 iShares Russell 2000 ETF (NYSEARCA:IWM)

Navis Wealth Advisors LLC purchased a new position in iShares Russell 2000 ETF (NYSEARCA:IWM) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 1,210 shares of the exchange traded fund’s stock, valued at approximately $243,000.

Other hedge funds have also recently added to or reduced their stakes in the company. BKM Wealth Management LLC acquired a new position in iShares Russell 2000 ETF in the 4th quarter valued at about $28,000. Tucker Asset Management LLC raised its position in iShares Russell 2000 ETF by 326.8% in the third quarter. Tucker Asset Management LLC now owns 175 shares of the exchange traded fund’s stock valued at $31,000 after purchasing an additional 134 shares during the period. Arjuna Capital acquired a new position in shares of iShares Russell 2000 ETF in the 3rd quarter valued at $34,000. Tradewinds Capital Management LLC purchased a new position in shares of iShares Russell 2000 ETF during the 4th quarter worth $40,000. Finally, Legacy Financial Group LLC purchased a new stake in iShares Russell 2000 ETF in the 3rd quarter valued at about $36,000.

iShares Russell 2000 ETF Stock Performance

Shares of IWM stock traded up $1.88 during trading hours on Friday, hitting $198.36. The company had a trading volume of 24,613,603 shares, compared to its average volume of 32,692,924. iShares Russell 2000 ETF has a fifty-two week low of $161.67 and a fifty-two week high of $211.88. The company’s fifty day moving average is $202.47 and its 200 day moving average is $191.79.

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.