Charles Schwab Trust Co Acquires Shares of 1,290 iShares Russell 2000 ETF (NYSEARCA:IWM)

Charles Schwab Trust Co bought a new position in iShares Russell 2000 ETF (NYSEARCA:IWM) during the third quarter, Holdings Channel reports. The institutional investor bought 1,290 shares of the exchange traded fund’s stock, valued at approximately $285,000.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. SWP Financial LLC bought a new stake in shares of iShares Russell 2000 ETF during the fourth quarter valued at approximately $381,000. Baird Financial Group Inc. grew its stake in shares of iShares Russell 2000 ETF by 6.6% in the fourth quarter. Baird Financial Group Inc. now owns 1,109,790 shares of the exchange traded fund’s stock worth $222,746,000 after purchasing an additional 68,342 shares in the last quarter. Exchange Capital Management Inc. acquired a new position in shares of iShares Russell 2000 ETF during the first quarter valued at $206,000. AdvisorNet Financial Inc grew its position in iShares Russell 2000 ETF by 12.0% in the 1st quarter. AdvisorNet Financial Inc now owns 9,472 shares of the exchange traded fund’s stock valued at $1,992,000 after buying an additional 1,012 shares in the last quarter. Finally, Toth Financial Advisory Corp increased its stake in iShares Russell 2000 ETF by 15.1% during the 1st quarter. Toth Financial Advisory Corp now owns 3,504 shares of the exchange traded fund’s stock valued at $737,000 after buying an additional 461 shares during the period.

iShares Russell 2000 ETF Stock Up 1.6 %

Shares of IWM stock traded up $3.47 during midday trading on Friday, reaching $220.32. 10,547,812 shares of the company were exchanged, compared to its average volume of 32,778,285. The company’s 50 day moving average price is $214.60 and its two-hundred day moving average price is $208.59. iShares Russell 2000 ETF has a 12 month low of $161.67 and a 12 month high of $228.63.

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.