Horizon Bancorp Inc. IN Grows Stake in iShares Russell 2000 ETF (NYSEARCA:IWM)

Horizon Bancorp Inc. IN lifted its position in iShares Russell 2000 ETF (NYSEARCA:IWM) by 7,250.3% during the 1st quarter, HoldingsChannel reports. The firm owned 21,757 shares of the exchange traded fund’s stock after buying an additional 21,461 shares during the period. iShares Russell 2000 ETF comprises about 2.5% of Horizon Bancorp Inc. IN’s investment portfolio, making the stock its 12th biggest position. Horizon Bancorp Inc. IN’s holdings in iShares Russell 2000 ETF were worth $4,340,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in IWM. CM Wealth Advisors LLC grew its position in iShares Russell 2000 ETF by 0.8% in the 4th quarter. CM Wealth Advisors LLC now owns 5,531 shares of the exchange traded fund’s stock worth $1,222,000 after purchasing an additional 45 shares during the period. BOS Asset Management LLC grew its position in iShares Russell 2000 ETF by 2.9% in the 4th quarter. BOS Asset Management LLC now owns 1,612 shares of the exchange traded fund’s stock worth $356,000 after purchasing an additional 45 shares during the period. Sumitomo Mitsui Financial Group Inc. grew its position in iShares Russell 2000 ETF by 5.1% in the 4th quarter. Sumitomo Mitsui Financial Group Inc. now owns 996 shares of the exchange traded fund’s stock worth $220,000 after purchasing an additional 48 shares during the period. Capital Group Private Client Services Inc. grew its position in iShares Russell 2000 ETF by 0.3% in the 4th quarter. Capital Group Private Client Services Inc. now owns 18,028 shares of the exchange traded fund’s stock worth $3,984,000 after purchasing an additional 48 shares during the period. Finally, Xcel Wealth Management LLC grew its position in iShares Russell 2000 ETF by 3.1% in the 4th quarter. Xcel Wealth Management LLC now owns 1,627 shares of the exchange traded fund’s stock worth $360,000 after purchasing an additional 49 shares during the period.

iShares Russell 2000 ETF Trading Up 1.3%

NYSEARCA:IWM opened at $214.47 on Wednesday. iShares Russell 2000 ETF has a 12 month low of $171.73 and a 12 month high of $244.98. The company has a market cap of $63.38 billion, a PE ratio of 17.69 and a beta of 1.11. The company has a 50 day simple moving average of $203.21 and a two-hundred day simple moving average of $210.81.

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.