KLCM Advisors Inc. Buys New Shares in iShares Russell 2000 ETF $IWM

KLCM Advisors Inc. bought a new stake in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) during the fourth quarter, Holdings Channel reports. The institutional investor bought 18,794 shares of the exchange traded fund’s stock, valued at approximately $4,626,000.

Other institutional investors also recently modified their holdings of the company. Investment Counsel Co. of Nevada acquired a new position in shares of iShares Russell 2000 ETF during the 3rd quarter valued at $26,000. Measured Wealth Private Client Group LLC acquired a new position in shares of iShares Russell 2000 ETF during the 3rd quarter valued at $28,000. Abich Financial Wealth Management LLC acquired a new position in shares of iShares Russell 2000 ETF during the 3rd quarter valued at $30,000. Columbia Asset Management acquired a new position in shares of iShares Russell 2000 ETF during the 4th quarter valued at $32,000. Finally, FWL Investment Management LLC lifted its position in shares of iShares Russell 2000 ETF by 340.0% during the 3rd quarter. FWL Investment Management LLC now owns 132 shares of the exchange traded fund’s stock valued at $32,000 after acquiring an additional 102 shares during the period.

iShares Russell 2000 ETF Stock Up 0.4%

iShares Russell 2000 ETF stock opened at $285.33 on Tuesday. iShares Russell 2000 ETF has a 12-month low of $199.65 and a 12-month high of $287.58. The firm’s fifty day moving average is $261.23 and its 200 day moving average is $256.04. The company has a market capitalization of $79.24 billion, a PE ratio of 17.69 and a beta of 1.11.

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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.