M Holdings Securities Inc. Invests $2.88 Million in iShares Russell 2000 ETF (NYSEARCA:IWM)

M Holdings Securities Inc. bought a new stake in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) during the 4th quarter, HoldingsChannel reports. The firm bought 13,036 shares of the exchange traded fund’s stock, valued at approximately $2,881,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Proficio Capital Partners LLC purchased a new stake in shares of iShares Russell 2000 ETF during the fourth quarter valued at approximately $4,672,147,000. Jones Financial Companies Lllp grew its holdings in iShares Russell 2000 ETF by 4.4% during the 4th quarter. Jones Financial Companies Lllp now owns 8,441,577 shares of the exchange traded fund’s stock valued at $1,865,251,000 after purchasing an additional 352,358 shares in the last quarter. Empower Advisory Group LLC grew its holdings in iShares Russell 2000 ETF by 2.6% during the 4th quarter. Empower Advisory Group LLC now owns 7,878,078 shares of the exchange traded fund’s stock valued at $1,740,740,000 after purchasing an additional 199,487 shares in the last quarter. JPMorgan Chase & Co. lifted its holdings in 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 worth $952,788,000 after buying an additional 1,446,443 shares in the last quarter. Finally, M&T Bank Corp boosted its position in iShares Russell 2000 ETF by 1.9% in the 3rd quarter. M&T Bank Corp now owns 3,036,807 shares of the exchange traded fund’s stock valued at $670,800,000 after buying an additional 55,800 shares during the last quarter.

iShares Russell 2000 ETF Price Performance

Shares of iShares Russell 2000 ETF stock opened at $186.53 on Tuesday. iShares Russell 2000 ETF has a 1-year low of $171.73 and a 1-year high of $244.98. The business has a 50-day moving average of $206.05 and a 200-day moving average of $219.73. The company has a market capitalization of $59.72 billion, a PE ratio of 15.93 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.