iShares Russell 2000 ETF (NYSEARCA:IWM) Shares Acquired by Meridian Investment Counsel Inc.

Meridian Investment Counsel Inc. lifted its stake in iShares Russell 2000 ETF (NYSEARCA:IWM) by 65.3% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 13,870 shares of the exchange traded fund’s stock after buying an additional 5,478 shares during the period. Meridian Investment Counsel Inc.’s holdings in iShares Russell 2000 ETF were worth $3,065,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Legacy Investment Solutions LLC acquired a new stake in shares of iShares Russell 2000 ETF during the third quarter worth about $25,000. Field & Main Bank acquired a new position in shares of iShares Russell 2000 ETF in the 4th quarter valued at $27,000. Atala Financial Inc purchased a new stake in shares of iShares Russell 2000 ETF in the fourth quarter valued at about $27,000. Insight Inv LLC purchased a new position in shares of iShares Russell 2000 ETF in the 4th quarter valued at approximately $30,000. Finally, Thompson Investment Management Inc. purchased a new position in shares of iShares Russell 2000 ETF in the 4th quarter valued at approximately $32,000.

iShares Russell 2000 ETF Price Performance

iShares Russell 2000 ETF stock opened at $200.45 on Monday. The business has a 50 day simple moving average of $216.50 and a 200-day simple moving average of $222.66. iShares Russell 2000 ETF has a 12 month low of $191.34 and a 12 month high of $244.98. The stock has a market capitalization of $64.79 billion, a PE ratio of 16.20 and a beta of 1.19.

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.