Align Financial LLC Invests $55.08 Million in iShares Russell 2000 ETF $IWM

Align Financial LLC acquired a new position in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) during the fourth quarter, Holdings Channel reports. The institutional investor acquired 223,759 shares of the exchange traded fund’s stock, valued at approximately $55,081,000.

A number of other large investors have also modified their holdings of IWM. Brighton Jones LLC increased its position in shares of iShares Russell 2000 ETF by 2.6% during the fourth quarter. Brighton Jones LLC now owns 87,732 shares of the exchange traded fund’s stock worth $19,385,000 after acquiring an additional 2,221 shares during the period. Revolve Wealth Partners LLC increased its position in shares of iShares Russell 2000 ETF by 13.2% during the fourth quarter. Revolve Wealth Partners LLC now owns 12,233 shares of the exchange traded fund’s stock worth $2,703,000 after acquiring an additional 1,431 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in shares of iShares Russell 2000 ETF by 16.3% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 9,300 shares of the exchange traded fund’s stock worth $1,855,000 after acquiring an additional 1,300 shares during the period. FSC Wealth Advisors LLC increased its position in shares of iShares Russell 2000 ETF by 416.6% during the second quarter. FSC Wealth Advisors LLC now owns 22,515 shares of the exchange traded fund’s stock worth $4,859,000 after acquiring an additional 18,157 shares during the period. Finally, Sei Investments Co. increased its position in shares of iShares Russell 2000 ETF by 22.3% during the second quarter. Sei Investments Co. now owns 16,320 shares of the exchange traded fund’s stock worth $3,522,000 after acquiring an additional 2,975 shares during the period.

iShares Russell 2000 ETF Trading Down 0.8%

iShares Russell 2000 ETF stock opened at $289.88 on Thursday. iShares Russell 2000 ETF has a twelve month low of $206.81 and a twelve month high of $297.91. The stock’s fifty day simple moving average is $280.27 and its 200-day simple moving average is $264.39. The firm has a market capitalization of $80.50 billion, a P/E ratio of 17.69 and a beta of 1.11.

About iShares Russell 2000 ETF

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.