Consolidated Capital Management LLC Makes New Investment in iShares Russell 2000 ETF $IWM

Consolidated Capital Management LLC purchased a new position in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 26,622 shares of the exchange traded fund’s stock, valued at approximately $6,553,000. iShares Russell 2000 ETF accounts for about 2.0% of Consolidated Capital Management LLC’s investment portfolio, making the stock its 22nd largest holding.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. LGL Partners LLC grew its position in iShares Russell 2000 ETF by 0.3% during the 4th quarter. LGL Partners LLC now owns 11,916 shares of the exchange traded fund’s stock worth $2,933,000 after purchasing an additional 38 shares during the period. Rinkey Investments grew its position in iShares Russell 2000 ETF by 2.7% during the 4th quarter. Rinkey Investments now owns 1,526 shares of the exchange traded fund’s stock worth $376,000 after purchasing an additional 40 shares during the period. Moody Lynn & Lieberson LLC grew its position in iShares Russell 2000 ETF by 0.8% during the 4th quarter. Moody Lynn & Lieberson LLC now owns 5,103 shares of the exchange traded fund’s stock worth $1,256,000 after purchasing an additional 41 shares during the period. Northern Financial Advisors Inc grew its position in iShares Russell 2000 ETF by 4.1% during the 3rd quarter. Northern Financial Advisors Inc now owns 1,144 shares of the exchange traded fund’s stock worth $277,000 after purchasing an additional 45 shares during the period. Finally, Punch & Associates Investment Management Inc. grew its position in shares of iShares Russell 2000 ETF by 32.1% during the 3rd quarter. Punch & Associates Investment Management Inc. now owns 185 shares of the exchange traded fund’s stock valued at $45,000 after acquiring an additional 45 shares during the period.

iShares Russell 2000 ETF Stock Down 0.5%

NYSEARCA:IWM opened at $290.43 on Friday. iShares Russell 2000 ETF has a 52 week low of $202.67 and a 52 week high of $292.74. The stock has a market capitalization of $80.65 billion, a PE ratio of 17.69 and a beta of 1.11. The stock’s 50-day moving average price is $269.62 and its 200-day moving average price is $259.73.

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.