Kaydan Wealth Management Inc. Grows Stake in iShares Russell 2000 ETF (NYSEARCA:IWM)

Kaydan Wealth Management Inc. increased its stake in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 2.3% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 11,170 shares of the exchange traded fund’s stock after purchasing an additional 256 shares during the period. iShares Russell 2000 ETF accounts for approximately 0.7% of Kaydan Wealth Management Inc.’s investment portfolio, making the stock its 18th biggest position. Kaydan Wealth Management Inc.’s holdings in iShares Russell 2000 ETF were worth $2,467,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of IWM. Scarborough Advisors LLC acquired a new position in shares of iShares Russell 2000 ETF during the fourth quarter valued at approximately $29,000. Centerpoint Advisors LLC raised its stake in iShares Russell 2000 ETF by 625.0% in the 2nd quarter. Centerpoint Advisors LLC now owns 145 shares of the exchange traded fund’s stock valued at $29,000 after purchasing an additional 125 shares during the last quarter. Cordant Inc. purchased a new position in iShares Russell 2000 ETF in the 2nd quarter valued at $30,000. Atlanta Consulting Group Advisors LLC purchased a new position in iShares Russell 2000 ETF in the 1st quarter valued at $32,000. Finally, 1832 Asset Management L.P. acquired a new stake in iShares Russell 2000 ETF during the 1st quarter worth $33,000.

iShares Russell 2000 ETF Trading Up 1.6 %

Shares of NYSEARCA IWM opened at $226.74 on Thursday. The firm has a 50-day simple moving average of $216.13 and a 200-day simple moving average of $209.02. iShares Russell 2000 ETF has a 52 week low of $161.67 and a 52 week high of $228.63.

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.