Union Savings Bank Acquires New Holdings in iShares Russell 2000 ETF $IWM

Union Savings Bank acquired a new position in iShares Russell 2000 ETF (NYSEARCA:IWM) in the fourth quarter, Holdings Channel reports. The fund acquired 24,299 shares of the exchange traded fund’s stock, valued at approximately $5,981,000. iShares Russell 2000 ETF makes up approximately 2.6% of Union Savings Bank’s investment portfolio, making the stock its 6th biggest position.

Other hedge funds also recently bought and sold shares of the company. Investment Counsel Co. of Nevada bought a new stake in iShares Russell 2000 ETF during the 3rd quarter valued at $26,000. Acumen Wealth Advisors LLC bought a new position in shares of iShares Russell 2000 ETF in the 4th quarter worth $27,000. Measured Wealth Private Client Group LLC purchased a new stake in shares of iShares Russell 2000 ETF during the 3rd quarter worth $28,000. Columbia Asset Management purchased a new stake in shares of iShares Russell 2000 ETF during the 4th quarter worth $32,000. Finally, Tucker Asset Management LLC purchased a new stake in shares of iShares Russell 2000 ETF during the 4th quarter worth $32,000.

iShares Russell 2000 ETF Price Performance

Shares of IWM stock opened at $295.59 on Friday. iShares Russell 2000 ETF has a 1-year low of $206.81 and a 1-year high of $297.91. The stock’s 50-day moving average is $281.83 and its 200 day moving average is $264.94. The company has a market cap of $82.09 billion, a P/E ratio of 17.69 and a beta of 1.11.

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.