Magnus Financial Group LLC Increases Holdings in iShares Russell 2000 ETF (NYSEARCA:IWM)

Magnus Financial Group LLC raised its stake in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 4.8% in the first quarter, Holdings Channel reports. The institutional investor owned 1,931 shares of the exchange traded fund’s stock after buying an additional 89 shares during the quarter. Magnus Financial Group LLC’s holdings in iShares Russell 2000 ETF were worth $385,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Amundi raised its stake 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 buying an additional 1,800 shares during the last quarter. Newbridge Financial Services Group Inc. bought a new stake in shares of iShares Russell 2000 ETF in the 4th quarter worth $505,000. Itau Unibanco Holding S.A. bought a new stake in shares of iShares Russell 2000 ETF in the 4th quarter worth $27,631,000. Pinnacle Wealth Management Advisory Group LLC increased its holdings in shares of iShares Russell 2000 ETF by 0.6% in the 4th quarter. Pinnacle Wealth Management Advisory Group LLC now owns 56,314 shares of the exchange traded fund’s stock worth $12,443,000 after purchasing an additional 339 shares in the last quarter. Finally, Nuveen Asset Management LLC increased its holdings in shares of iShares Russell 2000 ETF by 66.9% in the 4th quarter. Nuveen Asset Management LLC now owns 10,980 shares of the exchange traded fund’s stock worth $2,426,000 after purchasing an additional 4,400 shares in the last quarter.

iShares Russell 2000 ETF Trading Up 1.6%

iShares Russell 2000 ETF stock opened at $211.90 on Friday. The firm has a market cap of $63.54 billion, a price-to-earnings ratio of 16.63 and a beta of 1.11. The stock has a fifty day simple moving average of $196.90 and a two-hundred day simple moving average of $213.31. iShares Russell 2000 ETF has a 12 month low of $171.73 and a 12 month high of $244.98.

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.