Runnymede Capital Advisors Inc. Makes New $1.38 Million Investment in iShares Russell 2000 ETF (NYSEARCA:IWM)

Runnymede Capital Advisors Inc. bought a new position in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 6,258 shares of the exchange traded fund’s stock, valued at approximately $1,383,000. iShares Russell 2000 ETF comprises 1.2% of Runnymede Capital Advisors Inc.’s portfolio, making the stock its 17th biggest position.

A number of other hedge funds and other institutional investors have also recently modified their holdings of IWM. Proficio Capital Partners LLC bought a new position in shares of iShares Russell 2000 ETF during the fourth quarter worth $4,672,147,000. JPMorgan Chase & Co. boosted its position in shares of iShares Russell 2000 ETF by 50.5% during the third quarter. JPMorgan Chase & Co. now owns 4,313,404 shares of the exchange traded fund’s stock worth $952,788,000 after acquiring an additional 1,446,443 shares during the last quarter. Wealthfront Advisers LLC boosted its position in shares of iShares Russell 2000 ETF by 45,890.5% during the fourth quarter. Wealthfront Advisers LLC now owns 1,394,893 shares of the exchange traded fund’s stock worth $308,216,000 after acquiring an additional 1,391,860 shares during the last quarter. Strategic Financial Concepts LLC boosted its position in shares of iShares Russell 2000 ETF by 21,916.2% during the fourth quarter. Strategic Financial Concepts LLC now owns 737,763 shares of the exchange traded fund’s stock worth $163,016,000 after acquiring an additional 734,412 shares during the last quarter. Finally, Redwood Investment Management LLC bought a new position in shares of iShares Russell 2000 ETF during the third quarter worth $142,774,000.

iShares Russell 2000 ETF Stock Down 0.6 %

iShares Russell 2000 ETF stock opened at $203.79 on Friday. The company has a market cap of $65.86 billion, a price-to-earnings ratio of 16.20 and a beta of 1.19. The firm’s fifty day moving average is $218.17 and its 200 day moving average is $222.65. iShares Russell 2000 ETF has a 52-week low of $191.34 and a 52-week high of $244.98.

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.