Synergy Investment Management LLC Invests $205,000 in iShares Russell 2000 ETF (NYSEARCA:IWM)

Synergy Investment Management LLC acquired a new position in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 930 shares of the exchange traded fund’s stock, valued at approximately $205,000.

Other large investors have also bought and sold shares of the company. Proficio Capital Partners LLC acquired a new position in shares of iShares Russell 2000 ETF during the fourth quarter worth $4,672,147,000. JPMorgan Chase & Co. grew its position in iShares Russell 2000 ETF by 50.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 4,313,404 shares of the exchange traded fund’s stock worth $952,788,000 after acquiring an additional 1,446,443 shares during the last quarter. Strategic Financial Concepts LLC increased its holdings in iShares Russell 2000 ETF by 21,916.2% in the 4th quarter. Strategic Financial Concepts LLC now owns 737,763 shares of the exchange traded fund’s stock worth $163,016,000 after purchasing an additional 734,412 shares in the last quarter. Redwood Investment Management LLC bought a new position in iShares Russell 2000 ETF in the third quarter valued at about $142,774,000. Finally, Cibc World Market Inc. boosted its stake in shares of iShares Russell 2000 ETF by 18.1% during the fourth quarter. Cibc World Market Inc. now owns 2,868,379 shares of the exchange traded fund’s stock valued at $633,797,000 after purchasing an additional 440,218 shares in the last quarter.

iShares Russell 2000 ETF Trading Down 2.7 %

NYSEARCA:IWM opened at $208.78 on Tuesday. The stock’s 50-day moving average is $223.31 and its 200-day moving average is $224.04. iShares Russell 2000 ETF has a 1-year low of $191.34 and a 1-year high of $244.98. The stock has a market cap of $66.87 billion, a P/E ratio of 16.97 and a beta of 1.17.

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.