Flaharty Asset Management LLC Boosts Stock Holdings in iShares Russell 2000 ETF (NYSEARCA:IWM)

Flaharty Asset Management LLC raised its holdings in iShares Russell 2000 ETF (NYSEARCA:IWM) by 110.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,122 shares of the exchange traded fund’s stock after purchasing an additional 1,638 shares during the period. Flaharty Asset Management LLC’s holdings in iShares Russell 2000 ETF were worth $690,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of IWM. Proficio Capital Partners LLC purchased a new position in shares of iShares Russell 2000 ETF in the fourth quarter worth about $4,672,147,000. JPMorgan Chase & Co. increased its stake in shares of iShares Russell 2000 ETF by 50.5% in the third quarter. JPMorgan Chase & Co. now owns 4,313,404 shares of the exchange traded fund’s stock worth $952,788,000 after purchasing an additional 1,446,443 shares in the last quarter. Strategic Financial Concepts LLC boosted its position in shares of iShares Russell 2000 ETF by 21,916.2% in the fourth quarter. Strategic Financial Concepts LLC now owns 737,763 shares of the exchange traded fund’s stock valued at $163,016,000 after acquiring an additional 734,412 shares during the period. Redwood Investment Management LLC bought a new position in shares of iShares Russell 2000 ETF in the third quarter valued at approximately $142,774,000. Finally, Cibc World Market Inc. boosted its position in shares of iShares Russell 2000 ETF by 18.1% in the fourth quarter. Cibc World Market Inc. now owns 2,868,379 shares of the exchange traded fund’s stock valued at $633,797,000 after acquiring an additional 440,218 shares during the period.

iShares Russell 2000 ETF Trading Up 1.1 %

IWM stock opened at $214.65 on Friday. The firm has a 50 day moving average of $223.56 and a 200-day moving average of $223.83. iShares Russell 2000 ETF has a 12 month low of $191.34 and a 12 month high of $244.98. The firm has a market capitalization of $68.75 billion, a P/E ratio of 16.97 and a beta of 1.17.

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.