Kelly Financial Group LLC Makes New Investment in iShares Russell 2000 ETF (NYSEARCA:IWM)

Kelly Financial Group LLC purchased a new stake in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 16,129 shares of the exchange traded fund’s stock, valued at approximately $3,564,000. iShares Russell 2000 ETF comprises about 1.2% of Kelly Financial Group LLC’s holdings, making the stock its 19th largest holding.

A number of other institutional investors have also recently made changes to their positions in the company. Principal Securities Inc. raised its holdings in iShares Russell 2000 ETF by 208.2% during the 3rd quarter. Principal Securities Inc. now owns 14,869 shares of the exchange traded fund’s stock valued at $3,284,000 after acquiring an additional 10,044 shares during the period. Capital Advisors Inc. OK boosted its holdings in shares of iShares Russell 2000 ETF by 10.8% in the third quarter. Capital Advisors Inc. OK now owns 1,206 shares of the exchange traded fund’s stock worth $266,000 after acquiring an additional 118 shares during the period. Farther Finance Advisors LLC grew its position in shares of iShares Russell 2000 ETF by 27.3% in the third quarter. Farther Finance Advisors LLC now owns 10,461 shares of the exchange traded fund’s stock valued at $2,311,000 after purchasing an additional 2,243 shares in the last quarter. Princeton Global Asset Management LLC raised its stake in shares of iShares Russell 2000 ETF by 114.6% during the 3rd quarter. Princeton Global Asset Management LLC now owns 1,496 shares of the exchange traded fund’s stock valued at $330,000 after purchasing an additional 799 shares during the period. Finally, Clear Creek Financial Management LLC lifted its holdings in iShares Russell 2000 ETF by 7.2% during the 3rd quarter. Clear Creek Financial Management LLC now owns 28,828 shares of the exchange traded fund’s stock worth $6,368,000 after purchasing an additional 1,932 shares in the last quarter.

iShares Russell 2000 ETF Stock Up 1.1 %

Shares of NYSEARCA IWM opened at $214.65 on Monday. The company has a market cap of $68.75 billion, a P/E ratio of 16.97 and a beta of 1.17. iShares Russell 2000 ETF has a 52 week low of $191.34 and a 52 week high of $244.98. The business has a 50-day simple moving average of $223.56 and a two-hundred day simple moving average of $224.06.

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.