Integrated Advisors Network LLC Purchases 22,063 Shares of iShares Russell 2000 ETF $IWM

Integrated Advisors Network LLC boosted its holdings in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 49.1% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 66,954 shares of the exchange traded fund’s stock after acquiring an additional 22,063 shares during the quarter. iShares Russell 2000 ETF makes up approximately 0.9% of Integrated Advisors Network LLC’s portfolio, making the stock its 17th largest holding. Integrated Advisors Network LLC’s holdings in iShares Russell 2000 ETF were worth $16,605,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in IWM. Acumen Wealth Advisors LLC acquired a new stake in shares of iShares Russell 2000 ETF in the 4th quarter valued at $27,000. Measured Wealth Private Client Group LLC bought a new stake in shares of iShares Russell 2000 ETF during the 3rd quarter worth about $28,000. Osbon Capital Management LLC acquired a new position in shares of iShares Russell 2000 ETF during the 4th quarter valued at about $31,000. Columbia Asset Management acquired a new position in shares of iShares Russell 2000 ETF during the 4th quarter valued at about $32,000. Finally, Tower View Wealth Management LLC bought a new position in shares of iShares Russell 2000 ETF in the 1st quarter valued at approximately $32,000.

iShares Russell 2000 ETF Stock Performance

Shares of IWM stock opened at $299.66 on Tuesday. The stock’s 50 day simple moving average is $287.47 and its 200 day simple moving average is $268.35. iShares Russell 2000 ETF has a twelve month low of $212.34 and a twelve month high of $302.72. The company has a market capitalization of $83.28 billion, a price-to-earnings ratio of 17.69 and a beta of 1.10.

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.