Okabena Investment Services Inc. Takes $331,000 Position in iShares Russell 2000 ETF (NYSEARCA:IWM)

Okabena Investment Services Inc. purchased a new position in iShares Russell 2000 ETF (NYSEARCA:IWM) during the third quarter, Holdings Channel reports. The fund purchased 1,500 shares of the exchange traded fund’s stock, valued at approximately $331,000.

Several other institutional investors also recently added to or reduced their stakes in IWM. NorthCrest Asset Manangement LLC boosted its stake in iShares Russell 2000 ETF by 0.3% in the second quarter. NorthCrest Asset Manangement LLC now owns 18,080 shares of the exchange traded fund’s stock valued at $3,668,000 after acquiring an additional 46 shares during the last quarter. Continuum Advisory LLC raised its holdings in shares of iShares Russell 2000 ETF by 0.4% in the 2nd quarter. Continuum Advisory LLC now owns 12,337 shares of the exchange traded fund’s stock worth $2,503,000 after purchasing an additional 47 shares during the period. Paragon Financial Partners Inc. lifted its stake in iShares Russell 2000 ETF by 3.2% in the second quarter. Paragon Financial Partners Inc. now owns 1,571 shares of the exchange traded fund’s stock valued at $319,000 after purchasing an additional 48 shares during the last quarter. Front Row Advisors LLC grew its holdings in iShares Russell 2000 ETF by 34.3% during the second quarter. Front Row Advisors LLC now owns 192 shares of the exchange traded fund’s stock valued at $39,000 after purchasing an additional 49 shares during the period. Finally, Xcel Wealth Management LLC increased its position in iShares Russell 2000 ETF by 3.1% in the second quarter. Xcel Wealth Management LLC now owns 1,658 shares of the exchange traded fund’s stock worth $336,000 after buying an additional 50 shares during the last quarter.

iShares Russell 2000 ETF Stock Up 1.8 %

Shares of NYSEARCA IWM opened at $238.77 on Friday. iShares Russell 2000 ETF has a one year low of $177.20 and a one year high of $242.39. The business’s fifty day moving average price is $224.12 and its 200-day moving average price is $214.26.

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.