Focus Partners Wealth Grows Position in iShares Russell 2000 ETF (NYSEARCA:IWM)

Focus Partners Wealth grew its holdings in iShares Russell 2000 ETF (NYSEARCA:IWM) by 5.7% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 393,552 shares of the exchange traded fund’s stock after buying an additional 21,247 shares during the quarter. Focus Partners Wealth’s holdings in iShares Russell 2000 ETF were worth $87,655,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. Field & Main Bank acquired a new position in shares of iShares Russell 2000 ETF during the 4th quarter worth approximately $27,000. Atala Financial Inc purchased a new position in iShares Russell 2000 ETF during the fourth quarter worth approximately $27,000. Insight Inv LLC acquired a new position in iShares Russell 2000 ETF during the fourth quarter worth $30,000. Conquis Financial LLC purchased a new stake in iShares Russell 2000 ETF in the 4th quarter valued at $30,000. Finally, Financial Management Professionals Inc. acquired a new stake in shares of iShares Russell 2000 ETF in the 4th quarter worth $32,000.

iShares Russell 2000 ETF Trading Down 0.2 %

Shares of IWM stock opened at $200.81 on Friday. iShares Russell 2000 ETF has a twelve month low of $171.73 and a twelve month high of $244.98. The company’s 50-day moving average price is $195.58 and its 200-day moving average price is $216.15. The stock has a market cap of $62.87 billion, a price-to-earnings ratio of 15.40 and a beta of 1.12.

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.