iShares Russell 2000 ETF $IWM Shares Purchased by HighTower Advisors LLC

HighTower Advisors LLC boosted its holdings in iShares Russell 2000 ETF (NYSEARCA:IWM) by 10.9% in the 2nd quarter, HoldingsChannel reports. The fund owned 712,746 shares of the exchange traded fund’s stock after acquiring an additional 70,330 shares during the quarter. HighTower Advisors LLC’s holdings in iShares Russell 2000 ETF were worth $214,144,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Rogco LP purchased a new stake in shares of iShares Russell 2000 ETF during the 2nd quarter worth $25,000. Acumen Wealth Advisors LLC purchased a new position in shares of iShares Russell 2000 ETF in the 4th quarter valued at about $27,000. Measured Wealth Private Client Group LLC purchased a new position in shares of iShares Russell 2000 ETF in the 3rd quarter valued at about $28,000. Montgomery Financial Services LLC acquired a new stake in shares of iShares Russell 2000 ETF in the second quarter valued at about $30,000. Finally, Osbon Capital Management LLC acquired a new stake in shares of iShares Russell 2000 ETF in the fourth quarter valued at about $31,000.

iShares Russell 2000 ETF Stock Performance

IWM stock opened at $296.01 on Monday. The company has a market cap of $81.48 billion, a P/E ratio of 17.69 and a beta of 1.11. iShares Russell 2000 ETF has a 52 week low of $228.90 and a 52 week high of $305.18. The company’s 50-day moving average price is $296.97 and its 200 day moving average price is $280.46.

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.