iShares Russell 2000 ETF (NYSEARCA:IWM) Position Boosted by Telemus Capital LLC

Telemus Capital LLC lifted its stake in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 32.4% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 105,397 shares of the exchange traded fund’s stock after purchasing an additional 25,821 shares during the period. iShares Russell 2000 ETF comprises about 1.7% of Telemus Capital LLC’s investment portfolio, making the stock its 14th biggest holding. Telemus Capital LLC’s holdings in iShares Russell 2000 ETF were worth $21,154,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. BKM Wealth Management LLC bought a new position in iShares Russell 2000 ETF in the fourth quarter worth about $28,000. Tucker Asset Management LLC lifted its holdings in iShares Russell 2000 ETF by 326.8% in the third quarter. Tucker Asset Management LLC now owns 175 shares of the exchange traded fund’s stock worth $31,000 after acquiring an additional 134 shares during the last quarter. Arjuna Capital bought a new position in iShares Russell 2000 ETF in the third quarter worth about $34,000. Legacy Financial Group LLC bought a new position in iShares Russell 2000 ETF in the third quarter worth about $36,000. Finally, Tradewinds Capital Management LLC bought a new position in iShares Russell 2000 ETF in the fourth quarter worth about $40,000.

iShares Russell 2000 ETF Price Performance

Shares of NYSEARCA IWM opened at $195.22 on Tuesday. The firm’s 50-day moving average price is $202.65 and its two-hundred day moving average price is $191.26. iShares Russell 2000 ETF has a 52-week low of $161.67 and a 52-week high of $211.88.

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.