Sterling Investment Counsel LLC Makes New Investment in iShares Russell 2000 ETF $IWM

Sterling Investment Counsel LLC bought a new position in iShares Russell 2000 ETF (NYSEARCA:IWM) during the second quarter, Holdings Channel.com reports. The institutional investor bought 1,394 shares of the exchange traded fund’s stock, valued at approximately $301,000.

A number of other institutional investors have also added to or reduced their stakes in IWM. Brighton Jones LLC increased its stake in iShares Russell 2000 ETF by 2.6% in the 4th quarter. Brighton Jones LLC now owns 87,732 shares of the exchange traded fund’s stock worth $19,385,000 after acquiring an additional 2,221 shares during the last quarter. Revolve Wealth Partners LLC increased its position in shares of iShares Russell 2000 ETF by 13.2% during the 4th quarter. Revolve Wealth Partners LLC now owns 12,233 shares of the exchange traded fund’s stock valued at $2,703,000 after purchasing an additional 1,431 shares during the last quarter. Triangle Securities Wealth Management bought a new position in shares of iShares Russell 2000 ETF during the 1st quarter valued at about $531,000. Apella Capital LLC increased its position in shares of iShares Russell 2000 ETF by 1.7% during the 1st quarter. Apella Capital LLC now owns 10,658 shares of the exchange traded fund’s stock valued at $2,022,000 after purchasing an additional 182 shares during the last quarter. Finally, Lifestyle Asset Management Inc. increased its position in shares of iShares Russell 2000 ETF by 17.5% during the 1st quarter. Lifestyle Asset Management Inc. now owns 7,070 shares of the exchange traded fund’s stock valued at $1,410,000 after purchasing an additional 1,055 shares during the last quarter.

iShares Russell 2000 ETF Trading Up 0.6%

Shares of iShares Russell 2000 ETF stock opened at $244.02 on Friday. The firm has a market capitalization of $71.58 billion, a PE ratio of 17.69 and a beta of 1.15. The business’s 50-day moving average price is $232.58 and its 200-day moving average price is $214.59. iShares Russell 2000 ETF has a 12 month low of $171.73 and a 12 month high of $247.18.

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.