Bay Capital Advisors LLC Makes New Investment in iShares Russell 2000 ETF (NYSEARCA:IWM)

Bay Capital Advisors LLC acquired a new stake in iShares Russell 2000 ETF (NYSEARCA:IWM) in the 4th quarter, HoldingsChannel reports. The fund acquired 2,051 shares of the exchange traded fund’s stock, valued at approximately $453,000.

A number of other hedge funds have also recently modified their holdings of IWM. Amundi lifted its holdings in iShares Russell 2000 ETF by 1,894.7% during the fourth quarter. Amundi now owns 1,895 shares of the exchange traded fund’s stock valued at $420,000 after purchasing an additional 1,800 shares in the last quarter. Newbridge Financial Services Group Inc. acquired a new stake in iShares Russell 2000 ETF in the 4th quarter worth about $505,000. Ritholtz Wealth Management boosted its holdings in iShares Russell 2000 ETF by 7.7% in the 4th quarter. Ritholtz Wealth Management now owns 2,276 shares of the exchange traded fund’s stock worth $503,000 after buying an additional 162 shares during the last quarter. Pinnacle Wealth Management Advisory Group LLC raised its holdings in shares of iShares Russell 2000 ETF by 0.6% during the fourth quarter. Pinnacle Wealth Management Advisory Group LLC now owns 56,314 shares of the exchange traded fund’s stock valued at $12,443,000 after acquiring an additional 339 shares during the last quarter. Finally, Legacy Trust raised its holdings in shares of iShares Russell 2000 ETF by 1.0% during the fourth quarter. Legacy Trust now owns 30,400 shares of the exchange traded fund’s stock valued at $6,717,000 after acquiring an additional 295 shares during the last quarter.

iShares Russell 2000 ETF Stock Up 2.5 %

Shares of NYSEARCA IWM opened at $208.86 on Tuesday. The stock has a market capitalization of $67.50 billion, a price-to-earnings ratio of 16.20 and a beta of 1.19. iShares Russell 2000 ETF has a 52 week low of $191.34 and a 52 week high of $244.98. The firm has a 50-day simple moving average of $218.01 and a 200-day simple moving average of $222.76.

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.