Flagship Wealth Advisors LLC Takes $346,000 Position in iShares Russell 2000 ETF (NYSEARCA:IWM)

Flagship Wealth Advisors LLC acquired a new stake in iShares Russell 2000 ETF (NYSEARCA:IWM) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 1,565 shares of the exchange traded fund’s stock, valued at approximately $346,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Peoples Bank KS increased its stake in iShares Russell 2000 ETF by 1.3% in the 4th quarter. Peoples Bank KS now owns 3,478 shares of the exchange traded fund’s stock valued at $768,000 after buying an additional 45 shares during the period. Transform Wealth LLC increased its stake in iShares Russell 2000 ETF by 1.6% in the 4th quarter. Transform Wealth LLC now owns 2,841 shares of the exchange traded fund’s stock valued at $628,000 after buying an additional 45 shares during the period. Walkner Condon Financial Advisors LLC increased its stake in iShares Russell 2000 ETF by 0.3% in the 4th quarter. Walkner Condon Financial Advisors LLC now owns 15,049 shares of the exchange traded fund’s stock valued at $3,325,000 after buying an additional 45 shares during the period. Anchor Investment Management LLC increased its stake in shares of iShares Russell 2000 ETF by 6.8% during the 3rd quarter. Anchor Investment Management LLC now owns 743 shares of the exchange traded fund’s stock worth $164,000 after purchasing an additional 47 shares during the last quarter. Finally, Xcel Wealth Management LLC increased its stake in shares of iShares Russell 2000 ETF by 3.1% during the 4th quarter. Xcel Wealth Management LLC now owns 1,627 shares of the exchange traded fund’s stock worth $360,000 after purchasing an additional 49 shares during the last quarter.

iShares Russell 2000 ETF Stock Up 2.4 %

Shares of IWM opened at $202.89 on Monday. The company’s fifty day moving average is $219.85 and its 200-day moving average is $223.22. iShares Russell 2000 ETF has a 12 month low of $191.34 and a 12 month high of $244.98. The firm has a market cap of $65.57 billion, a price-to-earnings ratio of 16.20 and a beta of 1.19.

iShares Russell 2000 ETF 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.