IPG Investment Advisors LLC Invests $1.51 Million in iShares Russell 2000 ETF (NYSEARCA:IWM)

IPG Investment Advisors LLC bought a new position in iShares Russell 2000 ETF (NYSEARCA:IWMGet Rating) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 6,803 shares of the exchange traded fund’s stock, valued at approximately $1,514,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of IWM. MFA Wealth Advisors LLC lifted its stake in shares of iShares Russell 2000 ETF by 20,737.4% in the third quarter. MFA Wealth Advisors LLC now owns 5,402,520 shares of the exchange traded fund’s stock worth $5,392,000 after buying an additional 5,376,593 shares in the last quarter. EP Wealth Advisors LLC lifted its stake in shares of iShares Russell 2000 ETF by 29,315.6% in the third quarter. EP Wealth Advisors LLC now owns 5,213,031 shares of the exchange traded fund’s stock worth $3,815,000 after buying an additional 5,195,309 shares in the last quarter. Bank of Montreal Can lifted its stake in shares of iShares Russell 2000 ETF by 554.0% in the fourth quarter. Bank of Montreal Can now owns 2,420,960 shares of the exchange traded fund’s stock worth $543,070,000 after buying an additional 2,954,160 shares in the last quarter. IMC Chicago LLC lifted its stake in shares of iShares Russell 2000 ETF by 105.9% in the fourth quarter. IMC Chicago LLC now owns 91,943 shares of the exchange traded fund’s stock worth $20,453,000 after buying an additional 1,653,197 shares in the last quarter. Finally, Rafferty Asset Management LLC lifted its stake in shares of iShares Russell 2000 ETF by 24.5% in the fourth quarter. Rafferty Asset Management LLC now owns 5,932,906 shares of the exchange traded fund’s stock worth $1,319,775,000 after buying an additional 1,165,941 shares in the last quarter.

Shares of IWM traded up $4.92 during mid-day trading on Friday, hitting $187.64. 24,952,062 shares of the company traded hands, compared to its average volume of 36,111,250. The stock has a 50-day moving average price of $192.07 and a two-hundred day moving average price of $205.15. iShares Russell 2000 ETF has a 1 year low of $168.90 and a 1 year high of $244.46.

About iShares Russell 2000 ETF (Get Rating)

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.

Further Reading

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Institutional Ownership by Quarter for iShares Russell 2000 ETF (NYSEARCA:IWM)

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