Welch Group LLC Purchases New Holdings in iShares Russell 2000 ETF (NYSEARCA:IWM)

Welch Group LLC purchased a new stake in iShares Russell 2000 ETF (NYSEARCA:IWM) during the 1st quarter, Holdings Channel.com reports. The fund purchased 1,463 shares of the exchange traded fund’s stock, valued at approximately $293,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Atala Financial Inc acquired a new position in iShares Russell 2000 ETF during the 4th quarter worth approximately $27,000. Conquis Financial LLC acquired a new position in iShares Russell 2000 ETF during the 4th quarter worth approximately $30,000. Thompson Investment Management Inc. acquired a new position in iShares Russell 2000 ETF during the 4th quarter worth approximately $32,000. Navigoe LLC acquired a new position in iShares Russell 2000 ETF during the 4th quarter worth approximately $33,000. Finally, Marshall Investment Management LLC acquired a new position in iShares Russell 2000 ETF during the 4th quarter worth approximately $35,000.

iShares Russell 2000 ETF Trading Up 0.3%

NYSEARCA IWM opened at $206.12 on Friday. The business’s 50 day moving average is $196.26 and its two-hundred day moving average is $214.30. iShares Russell 2000 ETF has a 12-month low of $171.73 and a 12-month high of $244.98. The stock has a market capitalization of $62.30 billion, a price-to-earnings ratio of 16.84 and a beta of 1.12.

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.