KKM Financial LLC Increases Stake in iShares Russell 2000 ETF (NYSEARCA:IWM)

KKM Financial LLC raised its holdings in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 444.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 8,934 shares of the exchange traded fund’s stock after acquiring an additional 7,293 shares during the quarter. KKM Financial LLC’s holdings in iShares Russell 2000 ETF were worth $2,015,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently modified their holdings of IWM. Amundi lifted its position in iShares Russell 2000 ETF by 1,894.7% during the fourth quarter. Amundi now owns 1,895 shares of the exchange traded fund’s stock valued at $420,000 after purchasing an additional 1,800 shares in the last quarter. Newbridge Financial Services Group Inc. bought a new position in shares of iShares Russell 2000 ETF in the fourth quarter worth about $505,000. Ritholtz Wealth Management lifted its position in shares of iShares Russell 2000 ETF by 7.7% during the 4th quarter. Ritholtz Wealth Management now owns 2,276 shares of the exchange traded fund’s stock valued at $503,000 after buying an additional 162 shares in the last quarter. Itau Unibanco Holding S.A. purchased a new position in shares of iShares Russell 2000 ETF during the 4th quarter valued at about $27,631,000. Finally, Pinnacle Wealth Management Advisory Group LLC grew its stake in shares of iShares Russell 2000 ETF by 0.6% during the 4th quarter. Pinnacle Wealth Management Advisory Group LLC now owns 56,314 shares of the exchange traded fund’s stock valued at $12,443,000 after acquiring an additional 339 shares during the period.

iShares Russell 2000 ETF Trading Down 0.2 %

NYSEARCA IWM opened at $200.81 on Friday. iShares Russell 2000 ETF has a 12 month low of $171.73 and a 12 month high of $244.98. The stock has a market cap of $62.87 billion, a price-to-earnings ratio of 15.40 and a beta of 1.12. The company’s 50 day moving average is $195.58 and its two-hundred day moving average is $216.13.

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.