Taylor & Morgan Wealth Management LLC Buys Shares of 961 iShares Russell 2000 ETF (NYSEARCA:IWM)

Taylor & Morgan Wealth Management LLC purchased a new position in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) in the third quarter, HoldingsChannel reports. The institutional investor purchased 961 shares of the exchange traded fund’s stock, valued at approximately $212,000.

A number of other hedge funds also recently modified their holdings of IWM. Northwest Investment Counselors LLC bought a new position in iShares Russell 2000 ETF in the 3rd quarter valued at $26,000. PSI Advisors LLC increased its stake in iShares Russell 2000 ETF by 116.7% during the 3rd quarter. PSI Advisors LLC now owns 117 shares of the exchange traded fund’s stock worth $26,000 after purchasing an additional 63 shares in the last quarter. Centerpoint Advisors LLC lifted its holdings in shares of iShares Russell 2000 ETF by 625.0% in the second quarter. Centerpoint Advisors LLC now owns 145 shares of the exchange traded fund’s stock valued at $29,000 after purchasing an additional 125 shares in the last quarter. Cordant Inc. bought a new position in iShares Russell 2000 ETF in the second quarter valued at $30,000. Finally, Atlanta Consulting Group Advisors LLC acquired a new position in shares of iShares Russell 2000 ETF during the 1st quarter worth approximately $32,000.

iShares Russell 2000 ETF Price Performance

Shares of NYSEARCA:IWM traded up $3.04 on Monday, hitting $221.93. The company had a trading volume of 8,648,441 shares, compared to its average volume of 32,172,254. The stock has a 50 day moving average price of $218.04 and a 200 day moving average price of $209.88. iShares Russell 2000 ETF has a 1-year low of $161.94 and a 1-year high of $228.63.

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.