Meridian Investment Counsel Inc. Buys 2,890 Shares of iShares Russell 2000 ETF (NYSEARCA:IWM)

Meridian Investment Counsel Inc. increased its stake in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 52.5% during the 3rd quarter, Holdings Channel.com reports. The fund owned 8,392 shares of the exchange traded fund’s stock after purchasing an additional 2,890 shares during the quarter. Meridian Investment Counsel Inc.’s holdings in iShares Russell 2000 ETF were worth $1,854,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of IWM. NorthCrest Asset Manangement LLC increased its stake in shares of iShares Russell 2000 ETF by 0.3% in the second quarter. NorthCrest Asset Manangement LLC now owns 18,080 shares of the exchange traded fund’s stock worth $3,668,000 after buying an additional 46 shares during the period. Continuum Advisory LLC raised its stake in shares of iShares Russell 2000 ETF by 0.4% during the second quarter. Continuum Advisory LLC now owns 12,337 shares of the exchange traded fund’s stock valued at $2,503,000 after acquiring an additional 47 shares during the last quarter. Paragon Financial Partners Inc. lifted its stake in iShares Russell 2000 ETF by 3.2% in the second quarter. Paragon Financial Partners Inc. now owns 1,571 shares of the exchange traded fund’s stock worth $319,000 after acquiring an additional 48 shares during the period. Front Row Advisors LLC lifted its stake in shares of iShares Russell 2000 ETF by 34.3% in the 2nd quarter. Front Row Advisors LLC now owns 192 shares of the exchange traded fund’s stock valued at $39,000 after purchasing an additional 49 shares during the period. Finally, Xcel Wealth Management LLC boosted its holdings in shares of iShares Russell 2000 ETF by 3.1% during the 2nd quarter. Xcel Wealth Management LLC now owns 1,658 shares of the exchange traded fund’s stock valued at $336,000 after buying an additional 50 shares in the last quarter.

iShares Russell 2000 ETF Stock Down 1.5 %

Shares of NYSEARCA IWM opened at $228.51 on Friday. The company has a 50 day simple moving average of $221.93 and a two-hundred day simple moving average of $213.05. iShares Russell 2000 ETF has a fifty-two week low of $175.15 and a fifty-two week high of $242.39.

About iShares Russell 2000 ETF

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.