Wealthfront Advisers LLC Acquires 1,391,860 Shares of iShares Russell 2000 ETF (NYSEARCA:IWM)

Wealthfront Advisers LLC raised its position in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 45,890.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,394,893 shares of the exchange traded fund’s stock after buying an additional 1,391,860 shares during the period. Wealthfront Advisers LLC owned about 0.42% of iShares Russell 2000 ETF worth $308,216,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. Inspire Advisors LLC boosted its position in shares of iShares Russell 2000 ETF by 3.6% during the fourth quarter. Inspire Advisors LLC now owns 3,087 shares of the exchange traded fund’s stock worth $682,000 after purchasing an additional 108 shares in the last quarter. Miller Financial Services LLC acquired a new position in iShares Russell 2000 ETF in the 4th quarter valued at about $9,479,000. Morling Financial Advisors LLC grew its position in shares of iShares Russell 2000 ETF by 49.4% during the 4th quarter. Morling Financial Advisors LLC now owns 475 shares of the exchange traded fund’s stock worth $105,000 after purchasing an additional 157 shares in the last quarter. Citizens Financial Group Inc. RI lifted its holdings in shares of iShares Russell 2000 ETF by 6.4% during the 4th quarter. Citizens Financial Group Inc. RI now owns 394,594 shares of the exchange traded fund’s stock worth $87,190,000 after acquiring an additional 23,764 shares during the period. Finally, Davis R M Inc. lifted its holdings in shares of iShares Russell 2000 ETF by 3.8% during the 4th quarter. Davis R M Inc. now owns 8,190 shares of the exchange traded fund’s stock worth $1,810,000 after acquiring an additional 299 shares during the period.

iShares Russell 2000 ETF Stock Performance

Shares of NYSEARCA IWM opened at $200.77 on Tuesday. 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 moving average price of $221.54 and a two-hundred day moving average price of $223.74. The stock has a market cap of $64.31 billion, a P/E 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.