ADG Wealth Management Group LLC Makes New $210,000 Investment in iShares Russell 2000 ETF (NYSEARCA:IWM)

ADG Wealth Management Group LLC acquired a new position in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) during the 4th quarter, HoldingsChannel.com reports. The institutional investor acquired 951 shares of the exchange traded fund’s stock, valued at approximately $210,000. iShares Russell 2000 ETF accounts for approximately 0.2% of ADG Wealth Management Group LLC’s holdings, making the stock its 25th biggest holding.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in IWM. Diversify Wealth Management LLC purchased a new position in shares of iShares Russell 2000 ETF during the 3rd quarter valued at $206,000. Reston Wealth Management LLC purchased a new position in shares of iShares Russell 2000 ETF during the 3rd quarter valued at $35,000. LCM Capital Management Inc grew its holdings in shares of iShares Russell 2000 ETF by 2.9% during the 3rd quarter. LCM Capital Management Inc now owns 67,728 shares of the exchange traded fund’s stock valued at $14,960,000 after acquiring an additional 1,936 shares in the last quarter. Forte Asset Management LLC grew its holdings in shares of iShares Russell 2000 ETF by 0.6% during the 3rd quarter. Forte Asset Management LLC now owns 14,094 shares of the exchange traded fund’s stock valued at $3,113,000 after acquiring an additional 91 shares in the last quarter. Finally, Penobscot Wealth Management grew its holdings in shares of iShares Russell 2000 ETF by 67.1% during the 3rd quarter. Penobscot Wealth Management now owns 1,987 shares of the exchange traded fund’s stock valued at $439,000 after acquiring an additional 798 shares in the last quarter.

iShares Russell 2000 ETF Stock Up 1.1 %

iShares Russell 2000 ETF stock opened at $214.65 on Friday. iShares Russell 2000 ETF has a 12 month low of $191.34 and a 12 month high of $244.98. The company’s fifty day simple moving average is $223.56 and its 200-day simple moving average is $223.83. The stock has a market cap of $68.75 billion, a P/E ratio of 16.97 and a beta of 1.17.

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.