73,301 Shares in iShares Russell 2000 ETF (NYSEARCA:IWM) Purchased by SVB Wealth LLC

SVB Wealth LLC purchased a new stake in iShares Russell 2000 ETF (NYSEARCA:IWM) in the 4th quarter, Holdings Channel reports. The firm purchased 73,301 shares of the exchange traded fund’s stock, valued at approximately $16,196,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. Legacy Investment Solutions LLC acquired a new stake in shares of iShares Russell 2000 ETF in the third quarter worth approximately $25,000. Field & Main Bank purchased a new position in iShares Russell 2000 ETF during the fourth quarter worth approximately $27,000. Insight Inv LLC acquired a new position in shares of iShares Russell 2000 ETF in the 4th quarter valued at $30,000. RPg Family Wealth Advisory LLC purchased a new stake in shares of iShares Russell 2000 ETF during the 3rd quarter valued at $31,000. Finally, Financial Management Professionals Inc. acquired a new stake in shares of iShares Russell 2000 ETF during the 4th quarter worth $32,000.

iShares Russell 2000 ETF Trading Up 1.1 %

Shares of IWM opened at $214.65 on Friday. iShares Russell 2000 ETF has a twelve month low of $191.34 and a twelve month high of $244.98. The firm has a market capitalization of $68.75 billion, a P/E ratio of 16.97 and a beta of 1.17. The stock’s fifty day simple moving average is $223.56 and its 200 day simple moving average is $223.83.

About iShares Russell 2000 ETF

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.