Morling Financial Advisors LLC Buys 157 Shares of iShares Russell 2000 ETF (NYSEARCA:IWM)

Morling Financial Advisors LLC grew its holdings in iShares Russell 2000 ETF (NYSEARCA:IWM) by 49.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 475 shares of the exchange traded fund’s stock after purchasing an additional 157 shares during the period. Morling Financial Advisors LLC’s holdings in iShares Russell 2000 ETF were worth $105,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of IWM. Proficio Capital Partners LLC bought a new stake in iShares Russell 2000 ETF during the fourth quarter valued at about $4,672,147,000. JPMorgan Chase & Co. boosted its holdings in iShares Russell 2000 ETF by 50.5% in 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 in the last quarter. Strategic Financial Concepts LLC boosted its holdings in iShares Russell 2000 ETF by 21,916.2% in 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 in the last quarter. Redwood Investment Management LLC acquired a new stake in iShares Russell 2000 ETF in the third quarter worth about $142,774,000. Finally, Cibc World Market Inc. lifted its holdings in shares of iShares Russell 2000 ETF by 18.1% during the fourth quarter. Cibc World Market Inc. now owns 2,868,379 shares of the exchange traded fund’s stock worth $633,797,000 after purchasing an additional 440,218 shares during the period.

iShares Russell 2000 ETF Stock Down 2.5 %

iShares Russell 2000 ETF stock 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 company has a market capitalization of $64.31 billion, a price-to-earnings ratio of 16.97 and a beta of 1.17. The stock has a 50-day moving average price of $221.54 and a 200 day moving average price of $223.74.

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.