1,985 Shares in iShares Russell 2000 ETF $IWM Acquired by Birinyi Associates Inc

Birinyi Associates Inc purchased a new position in iShares Russell 2000 ETF (NYSEARCA:IWM) during the 4th quarter, HoldingsChannel reports. The institutional investor purchased 1,985 shares of the exchange traded fund’s stock, valued at approximately $489,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Investment Counsel Co. of Nevada acquired a new position in iShares Russell 2000 ETF in the 3rd quarter worth approximately $26,000. Measured Wealth Private Client Group LLC acquired a new position in iShares Russell 2000 ETF in the 3rd quarter worth approximately $28,000. Abich Financial Wealth Management LLC acquired a new position in iShares Russell 2000 ETF in the 3rd quarter worth approximately $30,000. Columbia Asset Management acquired a new position in iShares Russell 2000 ETF in the 4th quarter worth approximately $32,000. Finally, Tucker Asset Management LLC acquired a new position in iShares Russell 2000 ETF in the 4th quarter worth approximately $32,000.

iShares Russell 2000 ETF Price Performance

Shares of NYSEARCA IWM opened at $290.43 on Monday. The stock has a market capitalization of $80.65 billion, a price-to-earnings ratio of 17.69 and a beta of 1.11. iShares Russell 2000 ETF has a 12 month low of $202.67 and a 12 month high of $292.74. The firm’s 50 day simple moving average is $269.62 and its 200-day simple moving average is $259.84.

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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.