iShares Russell 2000 ETF $IWM Shares Purchased by Oppenheimer Asset Management Inc.

Oppenheimer Asset Management Inc. increased its stake in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 12.1% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 91,490 shares of the exchange traded fund’s stock after acquiring an additional 9,894 shares during the period. Oppenheimer Asset Management Inc.’s holdings in iShares Russell 2000 ETF were worth $22,521,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Investment Counsel Co. of Nevada acquired a new position in shares of iShares Russell 2000 ETF in the 3rd quarter valued at approximately $26,000. Measured Wealth Private Client Group LLC acquired a new position in shares of iShares Russell 2000 ETF in the 3rd quarter valued at approximately $28,000. Abich Financial Wealth Management LLC acquired a new position in shares of iShares Russell 2000 ETF in the 3rd quarter valued at approximately $30,000. Columbia Asset Management acquired a new position in shares of iShares Russell 2000 ETF in the 4th quarter valued at approximately $32,000. Finally, FWL Investment Management LLC raised its position in shares of iShares Russell 2000 ETF by 340.0% in the 3rd quarter. FWL Investment Management LLC now owns 132 shares of the exchange traded fund’s stock valued at $32,000 after purchasing an additional 102 shares in the last quarter.

iShares Russell 2000 ETF Stock Up 2.2%

Shares of IWM opened at $277.97 on Friday. The business’s 50 day moving average is $259.19 and its two-hundred day moving average is $254.61. iShares Russell 2000 ETF has a 52-week low of $193.74 and a 52-week high of $279.79. The firm has a market cap of $76.27 billion, a price-to-earnings ratio of 17.69 and a beta of 1.09.

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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.