Pure Financial Advisors LLC Purchases 3,711 Shares of iShares Russell 2000 ETF $IWM

Pure Financial Advisors LLC increased its position in iShares Russell 2000 ETF (NYSEARCA:IWM) by 62.6% during the 4th quarter, Holdings Channel reports. The firm owned 9,637 shares of the exchange traded fund’s stock after acquiring an additional 3,711 shares during the quarter. Pure Financial Advisors LLC’s holdings in iShares Russell 2000 ETF were worth $2,372,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of IWM. Rafferty Asset Management LLC boosted its stake in shares of iShares Russell 2000 ETF by 10.6% during the second quarter. Rafferty Asset Management LLC now owns 6,747,829 shares of the exchange traded fund’s stock valued at $1,456,114,000 after purchasing an additional 648,801 shares in the last quarter. Durable Capital Partners LP boosted its stake in shares of iShares Russell 2000 ETF by 105.5% during the second quarter. Durable Capital Partners LP now owns 2,596,668 shares of the exchange traded fund’s stock valued at $560,335,000 after purchasing an additional 1,333,316 shares in the last quarter. Envestnet Asset Management Inc. boosted its stake in shares of iShares Russell 2000 ETF by 25.5% during the third quarter. Envestnet Asset Management Inc. now owns 1,967,246 shares of the exchange traded fund’s stock valued at $475,995,000 after purchasing an additional 400,017 shares in the last quarter. IMC Chicago LLC boosted its stake in shares of iShares Russell 2000 ETF by 344.2% during the fourth quarter. IMC Chicago LLC now owns 1,585,486 shares of the exchange traded fund’s stock valued at $390,283,000 after purchasing an additional 1,228,526 shares in the last quarter. Finally, Varma Mutual Pension Insurance Co boosted its stake in shares of iShares Russell 2000 ETF by 926.9% during the third quarter. Varma Mutual Pension Insurance Co now owns 1,458,061 shares of the exchange traded fund’s stock valued at $352,792,000 after purchasing an additional 1,316,074 shares in the last quarter.

iShares Russell 2000 ETF Stock Performance

NYSEARCA IWM opened at $284.17 on Monday. The firm’s 50 day moving average price is $260.45 and its 200-day moving average price is $255.52. iShares Russell 2000 ETF has a 52-week low of $199.65 and a 52-week high of $287.58. The company has a market cap of $78.91 billion, a PE ratio of 17.69 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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.