iShares Russell 2000 ETF (NYSEARCA:IWM) Stock Position Lifted by Lake Street Advisors Group LLC

Lake Street Advisors Group LLC boosted its stake in iShares Russell 2000 ETF (NYSEARCA:IWM) by 16.1% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 35,480 shares of the exchange traded fund’s stock after buying an additional 4,922 shares during the quarter. Lake Street Advisors Group LLC’s holdings in iShares Russell 2000 ETF were worth $7,840,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Legacy Investment Solutions LLC acquired a new position in shares of iShares Russell 2000 ETF in the third quarter worth $25,000. Field & Main Bank acquired a new position in iShares Russell 2000 ETF in the 4th quarter worth about $27,000. Insight Inv LLC purchased a new stake in shares of iShares Russell 2000 ETF during the 4th quarter worth about $30,000. RPg Family Wealth Advisory LLC acquired a new stake in shares of iShares Russell 2000 ETF during the 3rd quarter valued at about $31,000. Finally, Thompson Investment Management Inc. bought a new stake in shares of iShares Russell 2000 ETF in the 4th quarter valued at approximately $32,000.

iShares Russell 2000 ETF Stock Performance

Shares of IWM opened at $215.41 on Wednesday. The firm has a market cap of $69.00 billion, a PE ratio of 16.97 and a beta of 1.17. The firm’s 50 day moving average price is $223.96 and its 200 day moving average price is $223.89. iShares Russell 2000 ETF has a twelve month low of $191.34 and a twelve month high of $244.98.

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.