EMC Capital Management Invests $4.59 Million in iShares Russell 2000 ETF $IWM

EMC Capital Management bought a new position in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 18,658 shares of the exchange traded fund’s stock, valued at approximately $4,593,000. iShares Russell 2000 ETF accounts for approximately 2.0% of EMC Capital Management’s investment portfolio, making the stock its 7th largest holding.

Several other hedge funds have also added to or reduced their stakes in IWM. Investment Counsel Co. of Nevada acquired a new position in iShares Russell 2000 ETF in the 3rd quarter valued at $26,000. Acumen Wealth Advisors LLC bought a new position in iShares Russell 2000 ETF during the 4th quarter worth $27,000. Measured Wealth Private Client Group LLC acquired a new stake in shares of iShares Russell 2000 ETF during the third quarter worth $28,000. Columbia Asset Management acquired a new stake in shares of iShares Russell 2000 ETF during the fourth quarter worth $32,000. Finally, Tucker Asset Management LLC bought a new stake in shares of iShares Russell 2000 ETF in the fourth quarter valued at about $32,000.

iShares Russell 2000 ETF Stock Performance

Shares of iShares Russell 2000 ETF stock opened at $295.59 on Friday. The firm has a 50-day moving average of $281.83 and a 200-day moving average of $264.94. iShares Russell 2000 ETF has a 52-week low of $206.81 and a 52-week high of $297.91. The stock has a market cap of $82.09 billion, a PE ratio of 17.69 and a beta of 1.11.

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