David Wealth Management LLC Makes New Investment in iShares Russell 2000 ETF (NYSEARCA:IWM)

David Wealth Management LLC purchased a new stake in iShares Russell 2000 ETF (NYSEARCA:IWM) in the fourth quarter, Holdings Channel reports. The firm purchased 1,735 shares of the exchange traded fund’s stock, valued at approximately $383,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Empower Advisory Group LLC increased its stake in iShares Russell 2000 ETF by 2.6% during the third quarter. Empower Advisory Group LLC now owns 7,678,591 shares of the exchange traded fund’s stock valued at $1,696,124,000 after purchasing an additional 191,742 shares during the last quarter. Toronto Dominion Bank raised its stake in iShares Russell 2000 ETF by 3.7% during the third quarter. Toronto Dominion Bank now owns 6,729,586 shares of the exchange traded fund’s stock worth $1,486,498,000 after acquiring an additional 243,160 shares during the period. JPMorgan Chase & Co. lifted its holdings in iShares Russell 2000 ETF by 50.5% in the third 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. US Bancorp DE boosted its stake in iShares Russell 2000 ETF by 1.1% in the third quarter. US Bancorp DE now owns 3,878,944 shares of the exchange traded fund’s stock valued at $856,843,000 after acquiring an additional 41,923 shares during the period. Finally, M&T Bank Corp grew its holdings in shares of iShares Russell 2000 ETF by 1.9% during the third quarter. M&T Bank Corp now owns 3,036,807 shares of the exchange traded fund’s stock valued at $670,800,000 after purchasing an additional 55,800 shares during the last quarter.

iShares Russell 2000 ETF Price Performance

Shares of NYSEARCA IWM opened at $225.70 on Wednesday. iShares Russell 2000 ETF has a 12-month low of $191.34 and a 12-month high of $244.98. The stock’s 50 day simple moving average is $226.94 and its 200 day simple moving average is $223.09.

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.