BG Investment Services Inc. Purchases Shares of 18,199 iShares Russell 2000 ETF (NYSEARCA:IWM)

BG Investment Services Inc. acquired a new stake in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 18,199 shares of the exchange traded fund’s stock, valued at approximately $4,021,000. iShares Russell 2000 ETF makes up about 4.0% of BG Investment Services Inc.’s investment portfolio, making the stock its 8th largest position.

Several other hedge funds also recently made changes to their positions in IWM. Amundi raised its position in shares of iShares Russell 2000 ETF by 1,894.7% during the fourth quarter. Amundi now owns 1,895 shares of the exchange traded fund’s stock worth $420,000 after purchasing an additional 1,800 shares during the period. Newbridge Financial Services Group Inc. acquired a new stake in iShares Russell 2000 ETF during the 4th quarter worth about $505,000. Ritholtz Wealth Management lifted its stake in iShares Russell 2000 ETF by 7.7% during the fourth quarter. Ritholtz Wealth Management now owns 2,276 shares of the exchange traded fund’s stock valued at $503,000 after buying an additional 162 shares in the last quarter. Pinnacle Wealth Management Advisory Group LLC lifted its stake in iShares Russell 2000 ETF by 0.6% during the fourth quarter. Pinnacle Wealth Management Advisory Group LLC now owns 56,314 shares of the exchange traded fund’s stock valued at $12,443,000 after buying an additional 339 shares in the last quarter. Finally, Legacy Trust boosted its holdings in shares of iShares Russell 2000 ETF by 1.0% in the fourth quarter. Legacy Trust now owns 30,400 shares of the exchange traded fund’s stock worth $6,717,000 after buying an additional 295 shares during the period.

iShares Russell 2000 ETF Price Performance

iShares Russell 2000 ETF stock opened at $207.70 on Wednesday. The company has a market cap of $67.13 billion, a P/E ratio of 16.20 and a beta of 1.19. iShares Russell 2000 ETF has a fifty-two week low of $191.34 and a fifty-two week high of $244.98. The firm’s 50 day simple moving average is $217.77 and its 200-day simple moving average is $222.76.

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.