Arax Advisory Partners Acquires New Shares in iShares Russell 2000 ETF $IWM

Arax Advisory Partners acquired a new stake in iShares Russell 2000 ETF (NYSEARCA:IWM) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 8,011 shares of the exchange traded fund’s stock, valued at approximately $1,972,000.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. DSG Capital Advisors LLC acquired a new stake in shares of iShares Russell 2000 ETF during the fourth quarter worth $1,354,000. Cobblestone Capital Advisors LLC NY grew its holdings in shares of iShares Russell 2000 ETF by 22.5% during the third quarter. Cobblestone Capital Advisors LLC NY now owns 32,691 shares of the exchange traded fund’s stock worth $7,910,000 after buying an additional 6,002 shares in the last quarter. Capstone Wealth Management Group LLC bought a new position in shares of iShares Russell 2000 ETF during the third quarter worth about $6,291,000. Westwood Wealth Management bought a new position in shares of iShares Russell 2000 ETF during the fourth quarter worth about $820,000. Finally, Citizens Business Bank grew its holdings in shares of iShares Russell 2000 ETF by 15.9% during the third quarter. Citizens Business Bank now owns 39,714 shares of the exchange traded fund’s stock worth $9,609,000 after buying an additional 5,456 shares in the last quarter.

iShares Russell 2000 ETF Stock Performance

NYSEARCA:IWM opened at $294.64 on Tuesday. The company has a market cap of $81.82 billion, a PE ratio of 17.69 and a beta of 1.11. iShares Russell 2000 ETF has a 52-week low of $206.81 and a 52-week high of $297.91. The stock has a 50-day simple moving average of $278.71 and a 200 day simple moving average of $263.78.

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.