NewEdge Wealth LLC lifted its stake in iShares Russell 2000 ETF (NYSEARCA:IWM – Free Report) by 43.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 21,862 shares of the exchange traded fund’s stock after purchasing an additional 6,670 shares during the period. NewEdge Wealth LLC’s holdings in iShares Russell 2000 ETF were worth $4,831,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also modified their holdings of the company. Legacy Investment Solutions LLC acquired a new stake in shares of iShares Russell 2000 ETF in the third quarter valued at approximately $25,000. Field & Main Bank acquired a new stake in shares of iShares Russell 2000 ETF in the fourth quarter valued at approximately $27,000. Insight Inv LLC acquired a new stake in shares of iShares Russell 2000 ETF in the fourth quarter valued at approximately $30,000. RPg Family Wealth Advisory LLC acquired a new stake in shares of iShares Russell 2000 ETF in the third quarter valued at approximately $31,000. Finally, Financial Management Professionals Inc. acquired a new stake in shares of iShares Russell 2000 ETF in the fourth quarter valued at approximately $32,000.
iShares Russell 2000 ETF Price Performance
Shares of iShares Russell 2000 ETF stock opened at $212.39 on Friday. The firm has a market cap of $68.03 billion, a P/E ratio of 16.97 and a beta of 1.17. The firm has a 50 day simple moving average of $223.71 and a 200 day simple moving average of $223.76. iShares Russell 2000 ETF has a fifty-two week low of $191.34 and a fifty-two week high of $244.98.
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.
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