Destination Wealth Management Takes $211,000 Position in iShares Russell 2000 ETF (NYSEARCA:IWM)

Destination Wealth Management purchased a new stake in iShares Russell 2000 ETF (NYSEARCA:IWM) during the fourth quarter, according to its most recent filing with the SEC. The firm purchased 953 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 valued at $25,000. Field & Main Bank purchased a new position in iShares Russell 2000 ETF during the 4th quarter worth $27,000. Insight Inv LLC purchased a new position in iShares Russell 2000 ETF during the 4th quarter worth $30,000. RPg Family Wealth Advisory LLC purchased a new position in iShares Russell 2000 ETF during the 3rd quarter worth $31,000. Finally, Thompson Investment Management Inc. purchased a new position in iShares Russell 2000 ETF during the 4th quarter worth $32,000.

iShares Russell 2000 ETF Price Performance

Shares of IWM stock opened at $205.95 on Friday. iShares Russell 2000 ETF has a 1-year low of $191.34 and a 1-year high of $244.98. The stock’s fifty day moving average price is $221.94 and its 200 day moving average price is $223.69. The company has a market cap of $65.97 billion, a price-to-earnings ratio of 16.97 and a beta of 1.17.

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.