Robertson Stephens Wealth Management LLC Acquires 3,528 Shares of iShares Russell 2000 ETF $IWM

Robertson Stephens Wealth Management LLC grew its holdings in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 8.2% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 46,299 shares of the exchange traded fund’s stock after purchasing an additional 3,528 shares during the quarter. Robertson Stephens Wealth Management LLC’s holdings in iShares Russell 2000 ETF were worth $11,397,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of IWM. Investment Counsel Co. of Nevada bought a new position in shares of iShares Russell 2000 ETF during the 3rd quarter worth approximately $26,000. Measured Wealth Private Client Group LLC bought a new position in shares of iShares Russell 2000 ETF during the 3rd quarter worth approximately $28,000. Abich Financial Wealth Management LLC bought a new position in shares of iShares Russell 2000 ETF during the 3rd quarter worth approximately $30,000. FWL Investment Management LLC boosted its holdings in shares of iShares Russell 2000 ETF by 340.0% during the 3rd quarter. FWL Investment Management LLC now owns 132 shares of the exchange traded fund’s stock worth $32,000 after buying an additional 102 shares in the last quarter. Finally, Columbia Asset Management bought a new position in shares of iShares Russell 2000 ETF during the 4th quarter worth approximately $32,000.

iShares Russell 2000 ETF Stock Performance

iShares Russell 2000 ETF stock opened at $279.28 on Friday. The stock has a market capitalization of $77.56 billion, a price-to-earnings ratio of 17.69 and a beta of 1.11. iShares Russell 2000 ETF has a 52-week low of $195.64 and a 52-week high of $279.81. The stock’s 50 day moving average price is $259.19 and its two-hundred day moving average price is $254.61.

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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.