18,584 Shares in iShares Russell 2000 ETF $IWM Acquired by Purpose Unlimited Inc.

Purpose Unlimited Inc. purchased a new position in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) in the fourth quarter, Holdings Channel reports. The fund purchased 18,584 shares of the exchange traded fund’s stock, valued at approximately $4,575,000.

A number of other institutional investors also recently bought and sold shares of IWM. Investment Counsel Co. of Nevada purchased a new position in shares of iShares Russell 2000 ETF during the third quarter worth $26,000. Acumen Wealth Advisors LLC acquired a new position in iShares Russell 2000 ETF during the fourth quarter valued at $27,000. Measured Wealth Private Client Group LLC purchased a new stake in iShares Russell 2000 ETF in the third quarter valued at $28,000. Osbon Capital Management LLC purchased a new stake in iShares Russell 2000 ETF in the fourth quarter valued at $31,000. Finally, Columbia Asset Management purchased a new stake in iShares Russell 2000 ETF in the fourth quarter valued at $32,000.

iShares Russell 2000 ETF Stock Performance

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

iShares Russell 2000 ETF 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.