Tandem Financial LLC Makes New Investment in iShares Russell 2000 ETF (NYSEARCA:IWM)

Tandem Financial LLC purchased a new stake in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) in the fourth quarter, Holdings Channel.com reports. The firm purchased 4,639 shares of the exchange traded fund’s stock, valued at approximately $1,025,000. iShares Russell 2000 ETF accounts for approximately 1.1% of Tandem Financial LLC’s investment portfolio, making the stock its 20th largest position.

Several other institutional investors have also recently made changes to their positions in the company. Legacy Investment Solutions LLC bought a new stake in iShares Russell 2000 ETF during the third quarter valued at $25,000. Northwest Investment Counselors LLC purchased a new stake in shares of iShares Russell 2000 ETF in the 3rd quarter valued at about $26,000. PSI Advisors LLC boosted its position in shares of iShares Russell 2000 ETF by 116.7% during the 3rd quarter. PSI Advisors LLC now owns 117 shares of the exchange traded fund’s stock valued at $26,000 after acquiring an additional 63 shares during the last quarter. Field & Main Bank purchased a new position in shares of iShares Russell 2000 ETF during the fourth quarter worth about $27,000. Finally, Insight Inv LLC bought a new position in shares of iShares Russell 2000 ETF in the fourth quarter worth approximately $30,000.

iShares Russell 2000 ETF Trading Down 0.3 %

Shares of iShares Russell 2000 ETF stock opened at $228.65 on Friday. iShares Russell 2000 ETF has a 1 year low of $191.34 and a 1 year high of $244.98. The company has a 50 day simple moving average of $227.79 and a two-hundred day simple moving average of $222.92.

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.