Creative Financial Designs Inc. ADV Raises Stock Holdings in iShares Russell 2000 ETF (NYSEARCA:IWM)

Creative Financial Designs Inc. ADV grew its stake in iShares Russell 2000 ETF (NYSEARCA:IWM) by 160.0% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 871 shares of the exchange traded fund’s stock after buying an additional 536 shares during the period. Creative Financial Designs Inc. ADV’s holdings in iShares Russell 2000 ETF were worth $192,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. IMG Wealth Management Inc. purchased a new stake in shares of iShares Russell 2000 ETF during the fourth quarter worth about $43,000. GWN Securities Inc. purchased a new stake in shares of iShares Russell 2000 ETF during the fourth quarter worth about $1,578,000. Gallacher Capital Management LLC purchased a new stake in shares of iShares Russell 2000 ETF during the fourth quarter worth about $317,000. Patten & Patten Inc. TN grew its position in shares of iShares Russell 2000 ETF by 25.3% during the fourth quarter. Patten & Patten Inc. TN now owns 17,898 shares of the exchange traded fund’s stock worth $3,955,000 after purchasing an additional 3,614 shares in the last quarter. Finally, Collaborative Wealth Managment Inc. grew its position in shares of iShares Russell 2000 ETF by 59.8% during the fourth quarter. Collaborative Wealth Managment Inc. now owns 2,049 shares of the exchange traded fund’s stock worth $453,000 after purchasing an additional 767 shares in the last quarter.

iShares Russell 2000 ETF Trading Up 1.6 %

NYSEARCA:IWM opened at $206.37 on Thursday. iShares Russell 2000 ETF has a 12-month low of $191.34 and a 12-month high of $244.98. The stock has a 50-day moving average price of $218.77 and a 200 day moving average price of $222.89. The stock has a market capitalization of $66.70 billion, a P/E ratio of 16.20 and a beta of 1.19.

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.