Hansen & Associates Financial Group Inc. Makes New $7.75 Million Investment in iShares Russell 2000 ETF (NYSEARCA:IWM)

Hansen & Associates Financial Group Inc. acquired a new stake in iShares Russell 2000 ETF (NYSEARCA:IWM) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 34,860 shares of the exchange traded fund’s stock, valued at approximately $7,752,000. iShares Russell 2000 ETF makes up approximately 4.0% of Hansen & Associates Financial Group Inc.’s portfolio, making the stock its 5th largest holding.

Other hedge funds also recently modified their holdings of the company. Legacy Investment Solutions LLC bought a new stake in iShares Russell 2000 ETF during the third quarter worth $25,000. Northwest Investment Counselors LLC acquired a new position in shares of iShares Russell 2000 ETF during the 3rd quarter worth about $26,000. PSI Advisors LLC raised its holdings in shares of iShares Russell 2000 ETF by 116.7% in the 3rd quarter. PSI Advisors LLC now owns 117 shares of the exchange traded fund’s stock valued at $26,000 after purchasing an additional 63 shares during the period. Field & Main Bank acquired a new stake in iShares Russell 2000 ETF in the 4th quarter valued at about $27,000. Finally, Insight Inv LLC bought a new position in iShares Russell 2000 ETF during the fourth quarter worth about $30,000.

iShares Russell 2000 ETF Stock Performance

NYSEARCA:IWM opened at $228.53 on Friday. iShares Russell 2000 ETF has a 12-month low of $190.06 and a 12-month high of $244.98. The stock’s 50 day moving average price is $229.03 and its two-hundred day moving average price is $222.67.

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.