Global Retirement Partners LLC Increases Stock Position in iShares Russell 2000 ETF $IWM

Global Retirement Partners LLC boosted its stake in iShares Russell 2000 ETF (NYSEARCA:IWM) by 27.8% during the fourth quarter, HoldingsChannel reports. The firm owned 66,066 shares of the exchange traded fund’s stock after buying an additional 14,358 shares during the period. Global Retirement Partners LLC’s holdings in iShares Russell 2000 ETF were worth $16,263,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Investment Counsel Co. of Nevada purchased a new stake in iShares Russell 2000 ETF in the third quarter valued at approximately $26,000. Measured Wealth Private Client Group LLC purchased a new stake in iShares Russell 2000 ETF in the third quarter valued at approximately $28,000. Abich Financial Wealth Management LLC purchased a new stake in iShares Russell 2000 ETF in the third quarter valued at approximately $30,000. Columbia Asset Management purchased a new stake in iShares Russell 2000 ETF in the fourth quarter valued at approximately $32,000. Finally, Tucker Asset Management LLC purchased a new stake in iShares Russell 2000 ETF in the fourth quarter valued at approximately $32,000.

iShares Russell 2000 ETF Price Performance

Shares of IWM opened at $279.87 on Thursday. The firm’s 50 day simple moving average is $264.20 and its 200 day simple moving average is $257.64. The company has a market capitalization of $77.72 billion, a P/E ratio of 17.69 and a beta of 1.11. iShares Russell 2000 ETF has a 1-year low of $199.65 and a 1-year high of $287.58.

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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.