Kiker Wealth Management LLC Acquires New Stake in iShares Russell 2000 ETF (NYSEARCA:IWM)

Kiker Wealth Management LLC acquired a new stake in iShares Russell 2000 ETF (NYSEARCA:IWM) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 49,131 shares of the exchange traded fund’s stock, valued at approximately $10,856,000. iShares Russell 2000 ETF accounts for 8.8% of Kiker Wealth Management LLC’s holdings, making the stock its biggest holding.

Several other institutional investors and hedge funds have also recently modified their holdings of IWM. Proficio Capital Partners LLC purchased a new stake in shares of iShares Russell 2000 ETF in the 4th quarter valued at $4,672,147,000. JPMorgan Chase & Co. raised its holdings in shares of iShares Russell 2000 ETF by 50.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 4,313,404 shares of the exchange traded fund’s stock valued at $952,788,000 after buying an additional 1,446,443 shares during the period. Wealthfront Advisers LLC raised its holdings in shares of iShares Russell 2000 ETF by 45,890.5% in the 4th quarter. Wealthfront Advisers LLC now owns 1,394,893 shares of the exchange traded fund’s stock valued at $308,216,000 after buying an additional 1,391,860 shares during the period. Strategic Financial Concepts LLC raised its holdings in shares of iShares Russell 2000 ETF by 21,916.2% in the 4th quarter. Strategic Financial Concepts LLC now owns 737,763 shares of the exchange traded fund’s stock valued at $163,016,000 after buying an additional 734,412 shares during the period. Finally, Redwood Investment Management LLC acquired a new position in iShares Russell 2000 ETF during the 3rd quarter worth $142,774,000.

iShares Russell 2000 ETF Price Performance

IWM opened at $205.06 on Friday. iShares Russell 2000 ETF has a 12 month low of $191.34 and a 12 month high of $244.98. The stock has a market capitalization of $66.28 billion, a price-to-earnings ratio of 16.20 and a beta of 1.19. The business has a fifty day moving average price of $218.43 and a 200 day moving average price of $222.76.

iShares Russell 2000 ETF Company 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.