Circle Wealth Management LLC Purchases 2,439 Shares of iShares Russell 2000 ETF (NYSEARCA:IWM)

Circle Wealth Management LLC lifted its position in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 7.6% in the fourth quarter, HoldingsChannel.com reports. The firm owned 34,510 shares of the exchange traded fund’s stock after purchasing an additional 2,439 shares during the period. Circle Wealth Management LLC’s holdings in iShares Russell 2000 ETF were worth $7,625,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in IWM. Field & Main Bank bought a new stake in iShares Russell 2000 ETF during the 4th quarter valued at about $27,000. Atala Financial Inc bought a new position in iShares Russell 2000 ETF during the fourth quarter valued at approximately $27,000. Insight Inv LLC bought a new stake in iShares Russell 2000 ETF in the 4th quarter worth approximately $30,000. Conquis Financial LLC purchased a new stake in iShares Russell 2000 ETF during the 4th quarter valued at $30,000. Finally, Financial Management Professionals Inc. bought a new position in iShares Russell 2000 ETF in the fourth quarter valued at about $32,000.

iShares Russell 2000 ETF Trading Up 0.3 %

Shares of IWM stock opened at $197.42 on Thursday. iShares Russell 2000 ETF has a 12 month low of $171.73 and a 12 month high of $244.98. The company has a 50 day simple moving average of $195.84 and a two-hundred day simple moving average of $216.44. The stock has a market cap of $61.81 billion, a P/E ratio of 15.40 and a beta of 1.12.

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.