Cambridge Associates LLC MA ADV Makes New $7.30 Million Investment in iShares Russell 2000 ETF $IWM

Cambridge Associates LLC MA ADV bought a new position in iShares Russell 2000 ETF (NYSEARCA:IWM) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 29,655 shares of the exchange traded fund’s stock, valued at approximately $7,300,000.

Several other hedge funds have also added to or reduced their stakes in the stock. Investment Counsel Co. of Nevada bought a new position in shares of iShares Russell 2000 ETF during the third quarter valued at $26,000. Acumen Wealth Advisors LLC bought a new position in shares of iShares Russell 2000 ETF during the fourth quarter valued at $27,000. Measured Wealth Private Client Group LLC bought a new position in shares of iShares Russell 2000 ETF during the third quarter valued at $28,000. Columbia Asset Management bought a new position in shares of iShares Russell 2000 ETF during the fourth quarter valued at $32,000. Finally, Tucker Asset Management LLC bought a new position in shares of iShares Russell 2000 ETF during the fourth quarter valued at $32,000.

iShares Russell 2000 ETF Price Performance

Shares of NYSEARCA:IWM opened at $292.08 on Wednesday. The company has a market cap of $81.11 billion, a P/E ratio of 17.69 and a beta of 1.11. iShares Russell 2000 ETF has a 1 year low of $206.81 and a 1 year high of $297.91. The stock’s fifty day moving average price is $279.52 and its 200-day moving average price is $264.09.

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.