Zacks Investment Management Boosts Position in iShares Russell 2000 ETF (NYSEARCA:IWM)

Zacks Investment Management increased its holdings in iShares Russell 2000 ETF (NYSEARCA:IWM) by 1,068.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 17,416 shares of the exchange traded fund’s stock after acquiring an additional 15,926 shares during the quarter. Zacks Investment Management’s holdings in iShares Russell 2000 ETF were worth $3,848,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also added to or reduced their stakes in IWM. Garden State Investment Advisory Services LLC lifted its holdings in iShares Russell 2000 ETF by 22.0% in the fourth quarter. Garden State Investment Advisory Services LLC now owns 10,798 shares of the exchange traded fund’s stock worth $2,388,000 after buying an additional 1,947 shares during the period. Insigneo Advisory Services LLC lifted its stake in shares of iShares Russell 2000 ETF by 30.0% in the 4th quarter. Insigneo Advisory Services LLC now owns 22,280 shares of the exchange traded fund’s stock valued at $4,923,000 after purchasing an additional 5,135 shares during the period. Stonehaven Wealth & Tax Solutions LLC bought a new stake in shares of iShares Russell 2000 ETF during the fourth quarter valued at approximately $380,000. Main Street Financial Solutions LLC grew its stake in iShares Russell 2000 ETF by 2.6% in the fourth quarter. Main Street Financial Solutions LLC now owns 2,570 shares of the exchange traded fund’s stock worth $568,000 after purchasing an additional 64 shares during the period. Finally, Evergreen Capital Management LLC lifted its position in iShares Russell 2000 ETF by 6.0% during the fourth quarter. Evergreen Capital Management LLC now owns 33,206 shares of the exchange traded fund’s stock valued at $7,337,000 after buying an additional 1,874 shares during the period.

iShares Russell 2000 ETF Trading Up 0.8 %

Shares of IWM stock opened at $186.48 on Friday. The company’s fifty day moving average price is $203.58 and its 200-day moving average price is $219.03. The stock has a market cap of $59.70 billion, a PE ratio of 15.93 and a beta of 1.12. iShares Russell 2000 ETF has a 12 month low of $171.73 and a 12 month high of $244.98.

iShares Russell 2000 ETF Company 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.