Guided Capital Wealth Management LLC Invests $5.21 Million in iShares Russell 2000 ETF (NYSEARCA:IWM)

Guided Capital Wealth Management LLC purchased a new position in iShares Russell 2000 ETF (NYSEARCA:IWM) during the fourth quarter, Holdings Channel.com reports. The firm purchased 23,564 shares of the exchange traded fund’s stock, valued at approximately $5,207,000. iShares Russell 2000 ETF comprises about 4.8% of Guided Capital Wealth Management LLC’s investment portfolio, making the stock its 9th biggest position.

Several other hedge funds have also recently bought and sold shares of IWM. Peoples Bank KS boosted its position in shares of iShares Russell 2000 ETF by 1.3% during the fourth quarter. Peoples Bank KS now owns 3,478 shares of the exchange traded fund’s stock worth $768,000 after purchasing an additional 45 shares in the last quarter. Transform Wealth LLC lifted its position in iShares Russell 2000 ETF by 1.6% in the 4th quarter. Transform Wealth LLC now owns 2,841 shares of the exchange traded fund’s stock valued at $628,000 after acquiring an additional 45 shares in the last quarter. Anchor Investment Management LLC lifted its position in iShares Russell 2000 ETF by 6.8% in the 3rd quarter. Anchor Investment Management LLC now owns 743 shares of the exchange traded fund’s stock valued at $164,000 after acquiring an additional 47 shares in the last quarter. Jackson Grant Investment Advisers Inc. lifted its position in iShares Russell 2000 ETF by 0.5% in the 4th quarter. Jackson Grant Investment Advisers Inc. now owns 10,269 shares of the exchange traded fund’s stock valued at $2,269,000 after acquiring an additional 52 shares in the last quarter. Finally, True Vision MN LLC lifted its position in iShares Russell 2000 ETF by 3.1% in the 3rd quarter. True Vision MN LLC now owns 1,780 shares of the exchange traded fund’s stock valued at $393,000 after acquiring an additional 53 shares in the last quarter.

iShares Russell 2000 ETF Stock Down 0.6 %

IWM opened at $225.70 on Wednesday. iShares Russell 2000 ETF has a 12 month low of $191.34 and a 12 month high of $244.98. The firm’s fifty day simple moving average is $226.94 and its 200 day simple moving average is $223.09.

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.