1ST Source Bank Purchases 1,054 Shares of iShares Russell 2000 ETF (NYSEARCA:IWM)

1ST Source Bank boosted its position in iShares Russell 2000 ETF (NYSEARCA:IWM) by 1.0% in the 4th quarter, Holdings Channel reports. The firm owned 106,829 shares of the exchange traded fund’s stock after buying an additional 1,054 shares during the quarter. iShares Russell 2000 ETF accounts for approximately 1.4% of 1ST Source Bank’s portfolio, making the stock its 13th biggest position. 1ST Source Bank’s holdings in iShares Russell 2000 ETF were worth $23,605,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in IWM. Peoples Bank KS raised its stake 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 valued at $768,000 after acquiring an additional 45 shares in the last quarter. Transform Wealth LLC raised its stake in shares of iShares Russell 2000 ETF by 1.6% during the fourth 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. Walkner Condon Financial Advisors LLC raised its stake in shares of iShares Russell 2000 ETF by 0.3% during the fourth quarter. Walkner Condon Financial Advisors LLC now owns 15,049 shares of the exchange traded fund’s stock valued at $3,325,000 after acquiring an additional 45 shares in the last quarter. Anchor Investment Management LLC raised its stake in shares of iShares Russell 2000 ETF by 6.8% during the third 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. Finally, Xcel Wealth Management LLC raised its stake in shares of iShares Russell 2000 ETF by 3.1% during the fourth quarter. Xcel Wealth Management LLC now owns 1,627 shares of the exchange traded fund’s stock valued at $360,000 after acquiring an additional 49 shares in the last quarter.

iShares Russell 2000 ETF Stock Performance

iShares Russell 2000 ETF stock opened at $202.89 on Monday. The company has a 50 day moving average price of $219.85 and a 200-day moving average price of $223.22. iShares Russell 2000 ETF has a fifty-two week low of $191.34 and a fifty-two week high of $244.98. The company has a market capitalization of $65.57 billion, a PE ratio of 16.20 and a beta of 1.19.

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.