Synergy Asset Management LLC Purchases Shares of 4,474 iShares Russell 2000 ETF $IWM

Synergy Asset Management LLC purchased a new stake in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) in the second quarter, HoldingsChannel reports. The institutional investor purchased 4,474 shares of the exchange traded fund’s stock, valued at approximately $1,344,000.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. NWK Group Inc. raised its stake in iShares Russell 2000 ETF by 1.1% in the first quarter. NWK Group Inc. now owns 3,279 shares of the exchange traded fund’s stock valued at $813,000 after purchasing an additional 36 shares in the last quarter. Mirador Capital Partners LP grew its stake in iShares Russell 2000 ETF by 2.9% in the 2nd quarter. Mirador Capital Partners LP now owns 1,274 shares of the exchange traded fund’s stock worth $383,000 after buying an additional 36 shares in the last quarter. Wealth Group Ltd grew its stake in iShares Russell 2000 ETF by 3.5% in the 2nd quarter. Wealth Group Ltd now owns 1,101 shares of the exchange traded fund’s stock worth $331,000 after buying an additional 37 shares in the last quarter. LGL Partners LLC increased its holdings in shares of iShares Russell 2000 ETF by 0.3% in the 4th quarter. LGL Partners LLC now owns 11,916 shares of the exchange traded fund’s stock worth $2,933,000 after buying an additional 38 shares during the last quarter. Finally, Measured Risk Portfolios Inc. increased its holdings in shares of iShares Russell 2000 ETF by 1.7% in the 1st quarter. Measured Risk Portfolios Inc. now owns 2,304 shares of the exchange traded fund’s stock worth $571,000 after buying an additional 38 shares during the last quarter.

iShares Russell 2000 ETF Stock Performance

iShares Russell 2000 ETF stock opened at $303.50 on Friday. iShares Russell 2000 ETF has a fifty-two week low of $223.69 and a fifty-two week high of $305.05. The stock has a market cap of $83.54 billion, a P/E ratio of 17.69 and a beta of 1.11. The firm’s fifty day moving average price is $295.02 and its 200-day moving average price is $276.48.

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.