Kovack Advisors Inc. lifted its holdings in iShares Russell 2000 ETF (NYSEARCA:IWM – Free Report) by 586.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 19,748 shares of the exchange traded fund’s stock after purchasing an additional 16,871 shares during the period. Kovack Advisors Inc.’s holdings in iShares Russell 2000 ETF were worth $4,861,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other large investors also recently bought and sold shares of the business. Investment Counsel Co. of Nevada purchased a new stake in shares of iShares Russell 2000 ETF in the third quarter valued at approximately $26,000. Measured Wealth Private Client Group LLC acquired a new stake in iShares Russell 2000 ETF in the 3rd quarter valued at $28,000. Abich Financial Wealth Management LLC purchased a new stake in iShares Russell 2000 ETF in the 3rd quarter worth $30,000. Columbia Asset Management acquired a new position in iShares Russell 2000 ETF during the fourth quarter worth $32,000. Finally, Tucker Asset Management LLC purchased a new position in iShares Russell 2000 ETF during the fourth quarter valued at $32,000.
iShares Russell 2000 ETF Stock Up 3.0%
Shares of NYSEARCA IWM opened at $290.41 on Friday. The firm has a market cap of $80.65 billion, a price-to-earnings ratio of 17.69 and a beta of 1.11. The company’s 50-day simple moving average is $276.97 and its 200-day simple moving average is $263.05. iShares Russell 2000 ETF has a 52-week low of $206.81 and a 52-week high of $292.88.
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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