125,682 Shares in iShares Russell 2000 ETF (NYSEARCA:IWM) Purchased by SHEPHERD WEALTH MANAGEMENT Ltd LIABILITY Co

SHEPHERD WEALTH MANAGEMENT Ltd LIABILITY Co purchased a new stake in iShares Russell 2000 ETF (NYSEARCA:IWM) during the fourth quarter, HoldingsChannel.com reports. The firm purchased 125,682 shares of the exchange traded fund’s stock, valued at approximately $27,771,000. iShares Russell 2000 ETF makes up approximately 27.3% of SHEPHERD WEALTH MANAGEMENT Ltd LIABILITY Co’s investment portfolio, making the stock its biggest holding.

Several other large investors have also recently added to or reduced their stakes in the company. Newbridge Financial Services Group Inc. acquired a new stake in shares of iShares Russell 2000 ETF in the fourth quarter valued at $505,000. Ritholtz Wealth Management increased its position in iShares Russell 2000 ETF by 7.7% in the 4th quarter. Ritholtz Wealth Management now owns 2,276 shares of the exchange traded fund’s stock valued at $503,000 after acquiring an additional 162 shares in the last quarter. Pinnacle Wealth Management Advisory Group LLC raised its stake in shares of iShares Russell 2000 ETF by 0.6% in the fourth quarter. Pinnacle Wealth Management Advisory Group LLC now owns 56,314 shares of the exchange traded fund’s stock worth $12,443,000 after acquiring an additional 339 shares during the last quarter. Legacy Trust raised its stake in shares of iShares Russell 2000 ETF by 1.0% in the fourth quarter. Legacy Trust now owns 30,400 shares of the exchange traded fund’s stock worth $6,717,000 after acquiring an additional 295 shares during the last quarter. Finally, Aurelius Family Office LLC acquired a new position in shares of iShares Russell 2000 ETF during the fourth quarter worth approximately $1,244,000.

iShares Russell 2000 ETF Price Performance

IWM opened at $200.75 on Wednesday. The company’s 50 day simple moving average is $221.13 and its 200-day simple moving average is $223.60. iShares Russell 2000 ETF has a one year low of $191.34 and a one year high of $244.98. The stock has a market capitalization of $64.30 billion, a P/E ratio of 16.97 and a beta of 1.17.

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.