Founders Grove Wealth Partners LLC Makes New $2.33 Million Investment in iShares Russell 2000 ETF (NYSEARCA:IWM)

Founders Grove Wealth Partners LLC purchased a new position in iShares Russell 2000 ETF (NYSEARCA:IWM) during the 4th quarter, HoldingsChannel reports. The firm purchased 10,532 shares of the exchange traded fund’s stock, valued at approximately $2,327,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of IWM. Legacy Investment Solutions LLC bought a new stake in iShares Russell 2000 ETF in the third quarter worth about $25,000. Northwest Investment Counselors LLC bought a new stake in iShares Russell 2000 ETF in the third quarter worth about $26,000. PSI Advisors LLC raised its position in iShares Russell 2000 ETF by 116.7% in the third quarter. PSI Advisors LLC now owns 117 shares of the exchange traded fund’s stock worth $26,000 after acquiring an additional 63 shares in the last quarter. RPg Family Wealth Advisory LLC bought a new stake in iShares Russell 2000 ETF in the third quarter worth about $31,000. Finally, Kieckhefer Group LLC bought a new stake in iShares Russell 2000 ETF in the fourth quarter worth about $33,000.

iShares Russell 2000 ETF Trading Up 1.1 %

Shares of iShares Russell 2000 ETF stock opened at $219.72 on Wednesday. The company’s 50-day moving average price is $230.67 and its two-hundred day moving average price is $221.02. iShares Russell 2000 ETF has a 52 week low of $187.52 and a 52 week 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.