Root Financial Partners LLC Grows Stake in iShares Russell 2000 ETF (NYSEARCA:IWM)

Root Financial Partners LLC raised its holdings in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 44.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,632 shares of the exchange traded fund’s stock after purchasing an additional 506 shares during the period. Root Financial Partners LLC’s holdings in iShares Russell 2000 ETF were worth $361,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in IWM. Newbridge Financial Services Group Inc. acquired a new position in iShares Russell 2000 ETF during the 4th quarter valued at about $505,000. Ritholtz Wealth Management increased its holdings in shares of iShares Russell 2000 ETF by 7.7% during the fourth quarter. Ritholtz Wealth Management now owns 2,276 shares of the exchange traded fund’s stock valued at $503,000 after acquiring an additional 162 shares in the last quarter. Legacy Trust increased its holdings in shares of iShares Russell 2000 ETF by 1.0% during the fourth quarter. Legacy Trust now owns 30,400 shares of the exchange traded fund’s stock valued at $6,717,000 after acquiring an additional 295 shares in the last quarter. Aurelius Family Office LLC purchased a new position in shares of iShares Russell 2000 ETF in the 4th quarter valued at approximately $1,244,000. Finally, State of New Jersey Common Pension Fund D acquired a new stake in iShares Russell 2000 ETF in the 3rd quarter worth approximately $88,890,000.

iShares Russell 2000 ETF Stock Performance

Shares of iShares Russell 2000 ETF stock opened at $226.14 on Friday. The firm’s 50 day simple moving average is $226.30 and its two-hundred day simple moving average is $223.10. iShares Russell 2000 ETF has a 12-month low of $191.34 and a 12-month high of $244.98.

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.