Exchange Capital Management Inc. Makes New $211,000 Investment in iShares Russell 2000 ETF (NYSEARCA:IWM)

Exchange Capital Management Inc. acquired a new position in iShares Russell 2000 ETF (NYSEARCA:IWM) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 956 shares of the exchange traded fund’s stock, valued at approximately $211,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Legacy Investment Solutions LLC purchased a new position in shares of iShares Russell 2000 ETF in the 3rd quarter worth $25,000. Field & Main Bank purchased a new position in shares of iShares Russell 2000 ETF in the 4th quarter worth $27,000. Insight Inv LLC purchased a new position in shares of iShares Russell 2000 ETF in the 4th quarter worth $30,000. RPg Family Wealth Advisory LLC purchased a new position in shares of iShares Russell 2000 ETF in the 3rd quarter worth $31,000. Finally, Financial Management Professionals Inc. purchased a new position in shares of iShares Russell 2000 ETF during the 4th quarter worth about $32,000.

iShares Russell 2000 ETF Trading Down 0.4 %

IWM stock opened at $215.41 on Wednesday. iShares Russell 2000 ETF has a 12 month low of $191.34 and a 12 month high of $244.98. The company has a 50-day moving average price of $223.96 and a 200 day moving average price of $223.89. The stock has a market cap of $69.00 billion, a PE ratio of 16.97 and a beta of 1.17.

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.