Cordatus Wealth Management LLC Makes New Investment in iShares Russell 2000 ETF (NYSEARCA:IWM)

Cordatus Wealth Management LLC acquired a new position in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) in the 4th quarter, Holdings Channel.com reports. The firm acquired 2,118 shares of the exchange traded fund’s stock, valued at approximately $468,000.

Other hedge funds have also recently bought and sold shares of the company. Newbridge Financial Services Group Inc. bought a new position in shares of iShares Russell 2000 ETF during the fourth quarter worth approximately $505,000. Ritholtz Wealth Management increased its holdings in shares of iShares Russell 2000 ETF by 7.7% during the fourth quarter. Ritholtz Wealth Management now owns 2,276 shares of the exchange traded fund’s stock worth $503,000 after purchasing an additional 162 shares during the period. Pinnacle Wealth Management Advisory Group LLC increased its holdings in shares of iShares Russell 2000 ETF by 0.6% during the fourth quarter. Pinnacle Wealth Management Advisory Group LLC now owns 56,314 shares of the exchange traded fund’s stock worth $12,443,000 after purchasing an additional 339 shares during the period. Legacy Trust increased its holdings in shares of iShares Russell 2000 ETF by 1.0% during the fourth quarter. Legacy Trust now owns 30,400 shares of the exchange traded fund’s stock worth $6,717,000 after purchasing an additional 295 shares during the period. Finally, Aurelius Family Office LLC bought a new position in shares of iShares Russell 2000 ETF during the fourth quarter worth approximately $1,244,000.

iShares Russell 2000 ETF Stock Down 1.0 %

Shares of IWM opened at $224.26 on Friday. iShares Russell 2000 ETF has a 12 month low of $191.34 and a 12 month high of $244.98. The firm’s 50 day moving average is $224.94 and its 200-day moving average is $223.37.

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.