Orrstown Financial Services Inc. Takes $360,000 Position in iShares Russell 2000 ETF (NYSEARCA:IWM)

Orrstown Financial Services Inc. purchased a new position in iShares Russell 2000 ETF (NYSEARCA:IWM) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 1,629 shares of the exchange traded fund’s stock, valued at approximately $360,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in IWM. Legacy Investment Solutions LLC bought a new stake in shares of iShares Russell 2000 ETF during the third quarter valued at approximately $25,000. Northwest Investment Counselors LLC purchased a new position in iShares Russell 2000 ETF during the 3rd quarter worth $26,000. PSI Advisors LLC increased its holdings in iShares Russell 2000 ETF by 116.7% during the 3rd quarter. PSI Advisors LLC now owns 117 shares of the exchange traded fund’s stock worth $26,000 after purchasing an additional 63 shares during the period. Field & Main Bank bought a new stake in iShares Russell 2000 ETF during the 4th quarter valued at $27,000. Finally, Insight Inv LLC purchased a new stake in shares of iShares Russell 2000 ETF in the 4th quarter worth $30,000.

iShares Russell 2000 ETF Stock Performance

Shares of iShares Russell 2000 ETF stock traded up $0.93 during trading on Wednesday, hitting $227.68. 1,450,614 shares of the stock traded hands, compared to its average volume of 24,176,225. The stock’s fifty day simple moving average is $229.13 and its 200 day simple moving average is $222.64. iShares Russell 2000 ETF has a 52-week low of $190.06 and a 52-week high of $244.98.

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.