Advisor Resource Council Increases Stake in iShares Russell 2000 ETF (NYSEARCA:IWM)

Advisor Resource Council increased its stake in iShares Russell 2000 ETF (NYSEARCA:IWM) by 122.7% during the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 20,961 shares of the exchange traded fund’s stock after purchasing an additional 11,548 shares during the quarter. Advisor Resource Council’s holdings in iShares Russell 2000 ETF were worth $4,182,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the stock. Amundi lifted its holdings in 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 valued at $420,000 after purchasing an additional 1,800 shares in the last quarter. Itau Unibanco Holding S.A. purchased a new position in shares of iShares Russell 2000 ETF in the fourth quarter valued at about $27,631,000. Nuveen Asset Management LLC boosted its stake in shares of iShares Russell 2000 ETF by 66.9% in the fourth quarter. Nuveen Asset Management LLC now owns 10,980 shares of the exchange traded fund’s stock worth $2,426,000 after acquiring an additional 4,400 shares during the period. Corebridge Financial Inc. grew its position in shares of iShares Russell 2000 ETF by 16.4% during the fourth quarter. Corebridge Financial Inc. now owns 7,100 shares of the exchange traded fund’s stock worth $1,569,000 after purchasing an additional 1,000 shares in the last quarter. Finally, Legal & General Group Plc raised its stake in iShares Russell 2000 ETF by 20.2% during the 4th quarter. Legal & General Group Plc now owns 3,272 shares of the exchange traded fund’s stock valued at $723,000 after purchasing an additional 550 shares during the period.

iShares Russell 2000 ETF Price Performance

IWM stock opened at $209.65 on Friday. iShares Russell 2000 ETF has a 1-year low of $171.73 and a 1-year high of $244.98. The business has a 50 day simple moving average of $201.66 and a two-hundred day simple moving average of $211.58. The company has a market capitalization of $62.86 billion, a price-to-earnings ratio of 16.63 and a beta of 1.11.

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.