Burns Matteson Capital Management LLC Takes $170,000 Position in iShares Russell 2000 ETF (NYSEARCA:IWM)

Burns Matteson Capital Management LLC acquired a new stake in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) during the 1st quarter, according to its most recent 13F filing with the SEC. The firm acquired 850 shares of the exchange traded fund’s stock, valued at approximately $170,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Amundi lifted its holdings in iShares Russell 2000 ETF by 1,894.7% during the 4th quarter. Amundi now owns 1,895 shares of the exchange traded fund’s stock valued at $420,000 after buying an additional 1,800 shares in the last quarter. Itau Unibanco Holding S.A. bought a new stake in iShares Russell 2000 ETF during the 4th quarter valued at about $27,631,000. Nuveen Asset Management LLC lifted its holdings in iShares Russell 2000 ETF by 66.9% during the 4th quarter. Nuveen Asset Management LLC now owns 10,980 shares of the exchange traded fund’s stock valued at $2,426,000 after buying an additional 4,400 shares in the last quarter. Corebridge Financial Inc. lifted its holdings in iShares Russell 2000 ETF by 16.4% during the 4th quarter. Corebridge Financial Inc. now owns 7,100 shares of the exchange traded fund’s stock valued at $1,569,000 after buying an additional 1,000 shares in the last quarter. Finally, Legal & General Group Plc lifted its holdings in iShares Russell 2000 ETF by 20.2% during the 4th quarter. Legal & General Group Plc now owns 3,272 shares of the exchange traded fund’s stock valued at $723,000 after buying an additional 550 shares in the last quarter.

iShares Russell 2000 ETF Stock Up 1.3%

NYSEARCA IWM opened at $223.92 on Friday. The firm has a market cap of $65.43 billion, a PE ratio of 17.69 and a beta of 1.15. The company has a 50 day moving average price of $212.38 and a 200 day moving average price of $210.03. iShares Russell 2000 ETF has a 52 week low of $171.73 and a 52 week 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.