Spurstone Advisory Services LLC Buys Shares of 1,129 iShares Russell 2000 ETF (NYSEARCA:IWM)

Spurstone Advisory Services LLC bought a new stake in iShares Russell 2000 ETF (NYSEARCA:IWM) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 1,129 shares of the exchange traded fund’s stock, valued at approximately $249,000. iShares Russell 2000 ETF accounts for approximately 4.7% of Spurstone Advisory Services LLC’s portfolio, making the stock its 6th biggest holding.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Field & Main Bank purchased a new position in shares of iShares Russell 2000 ETF in the fourth quarter valued at $27,000. Atala Financial Inc purchased a new position in shares of iShares Russell 2000 ETF in the fourth quarter valued at $27,000. Conquis Financial LLC purchased a new position in shares of iShares Russell 2000 ETF in the fourth quarter valued at $30,000. Insight Inv LLC purchased a new position in shares of iShares Russell 2000 ETF in the fourth quarter valued at $30,000. Finally, Thompson Investment Management Inc. purchased a new position in shares of iShares Russell 2000 ETF in the fourth quarter valued at $32,000.

iShares Russell 2000 ETF Stock Up 0.8%

Shares of IWM stock opened at $209.85 on Monday. iShares Russell 2000 ETF has a fifty-two week low of $171.73 and a fifty-two week high of $244.98. The stock has a market cap of $63.43 billion, a P/E ratio of 16.84 and a beta of 1.12. The business has a fifty day simple moving average of $195.98 and a 200-day simple moving average of $215.68.

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.