Sherman Asset Management Inc. purchased a new position in shares of iShares Russell 2000 ETF (NYSEARCA:IWM – Free Report) in the 4th quarter, HoldingsChannel.com reports. The institutional investor purchased 4,170 shares of the exchange traded fund’s stock, valued at approximately $1,026,000. iShares Russell 2000 ETF comprises approximately 0.9% of Sherman Asset Management Inc.’s portfolio, making the stock its 23rd largest position.
Other large investors also recently made changes to their positions in the company. Investment Counsel Co. of Nevada bought a new stake in shares of iShares Russell 2000 ETF during the 3rd quarter worth about $26,000. Measured Wealth Private Client Group LLC bought a new stake in shares of iShares Russell 2000 ETF during the 3rd quarter worth about $28,000. Abich Financial Wealth Management LLC bought a new stake in shares of iShares Russell 2000 ETF during the 3rd quarter worth about $30,000. Columbia Asset Management bought a new stake in shares of iShares Russell 2000 ETF during the 4th quarter worth about $32,000. Finally, FWL Investment Management LLC boosted its stake in shares of iShares Russell 2000 ETF by 340.0% during the 3rd 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 in the last quarter.
iShares Russell 2000 ETF Stock Performance
IWM opened at $277.60 on Friday. The company has a market cap of $77.09 billion, a PE ratio of 17.69 and a beta of 1.11. The stock has a 50-day moving average of $262.85 and a 200-day moving average of $256.97. iShares Russell 2000 ETF has a 52-week low of $199.65 and a 52-week high of $287.58.
iShares Russell 2000 ETF 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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.
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