Ruggiero Investments Inc. Invests $1.69 Million in iShares Russell 2000 ETF $IWM

Ruggiero Investments Inc. bought a new position in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 6,855 shares of the exchange traded fund’s stock, valued at approximately $1,688,000. iShares Russell 2000 ETF makes up 1.5% of Ruggiero Investments Inc.’s holdings, making the stock its 19th largest position.

A number of other large investors have also modified their holdings of IWM. Brighton Jones LLC raised its stake in shares of iShares Russell 2000 ETF by 2.6% during the 4th quarter. Brighton Jones LLC now owns 87,732 shares of the exchange traded fund’s stock worth $19,385,000 after buying an additional 2,221 shares in the last quarter. Revolve Wealth Partners LLC increased its stake in iShares Russell 2000 ETF by 13.2% in the 4th quarter. Revolve Wealth Partners LLC now owns 12,233 shares of the exchange traded fund’s stock valued at $2,703,000 after purchasing an additional 1,431 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in iShares Russell 2000 ETF by 16.3% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 9,300 shares of the exchange traded fund’s stock valued at $1,855,000 after purchasing an additional 1,300 shares in the last quarter. FSC Wealth Advisors LLC increased its stake in iShares Russell 2000 ETF by 416.6% in the 2nd quarter. FSC Wealth Advisors LLC now owns 22,515 shares of the exchange traded fund’s stock valued at $4,859,000 after purchasing an additional 18,157 shares in the last quarter. Finally, Sei Investments Co. increased its stake in iShares Russell 2000 ETF by 22.3% in the 2nd quarter. Sei Investments Co. now owns 16,320 shares of the exchange traded fund’s stock valued at $3,522,000 after purchasing an additional 2,975 shares in the last quarter.

iShares Russell 2000 ETF Price Performance

NYSEARCA IWM opened at $290.41 on Friday. iShares Russell 2000 ETF has a 1-year low of $206.81 and a 1-year high of $292.88. The company has a market capitalization of $80.65 billion, a P/E ratio of 17.69 and a beta of 1.11. The business has a 50 day moving average price of $276.97 and a 200 day moving average price of $263.05.

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