MidFirst Bank Purchases Shares of 12,711 iShares Russell 2000 ETF $IWM

MidFirst Bank purchased a new position in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) in the fourth quarter, Holdings Channel.com reports. The firm purchased 12,711 shares of the exchange traded fund’s stock, valued at approximately $3,129,000.

Several other institutional investors and hedge funds have also made changes to their positions in IWM. Investment Counsel Co. of Nevada acquired a new position in iShares Russell 2000 ETF in the third quarter valued at approximately $26,000. Acumen Wealth Advisors LLC acquired a new stake in iShares Russell 2000 ETF during the fourth quarter worth approximately $27,000. Measured Wealth Private Client Group LLC acquired a new stake in iShares Russell 2000 ETF during the third quarter worth approximately $28,000. Columbia Asset Management acquired a new stake in iShares Russell 2000 ETF during the fourth quarter worth approximately $32,000. Finally, Tucker Asset Management LLC purchased a new stake in shares of iShares Russell 2000 ETF during the 4th quarter worth approximately $32,000.

iShares Russell 2000 ETF Trading Up 2.0%

Shares of iShares Russell 2000 ETF stock opened at $295.59 on Friday. The company has a fifty day simple moving average of $281.13 and a 200-day simple moving average of $264.72. iShares Russell 2000 ETF has a 12-month low of $206.81 and a 12-month high of $297.91. The stock has a market cap of $82.09 billion, a price-to-earnings 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.