Integrated Advisors Network LLC Has $16.61 Million Stock Position in iShares Russell 2000 ETF $IWM

Integrated Advisors Network LLC boosted its stake in iShares Russell 2000 ETF (NYSEARCA:IWM) by 49.1% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 66,954 shares of the exchange traded fund’s stock after purchasing an additional 22,063 shares during the quarter. iShares Russell 2000 ETF comprises about 0.9% of Integrated Advisors Network LLC’s investment portfolio, making the stock its 17th largest holding. Integrated Advisors Network LLC’s holdings in iShares Russell 2000 ETF were worth $16,605,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently bought and sold shares of IWM. Acumen Wealth Advisors LLC bought a new position in shares of iShares Russell 2000 ETF during the 4th quarter valued at about $27,000. Measured Wealth Private Client Group LLC bought a new stake in iShares Russell 2000 ETF in the third quarter valued at approximately $28,000. Osbon Capital Management LLC acquired a new stake in iShares Russell 2000 ETF in the 4th quarter worth about $31,000. Columbia Asset Management bought a new stake in shares of iShares Russell 2000 ETF during the 4th quarter worth approximately $32,000. Finally, Tucker Asset Management LLC acquired a new stake in iShares Russell 2000 ETF in the fourth quarter valued at about $32,000.

iShares Russell 2000 ETF Stock Up 0.3%

Shares of IWM opened at $299.66 on Tuesday. The stock has a market cap of $83.28 billion, a PE ratio of 17.69 and a beta of 1.10. The business has a 50-day simple moving average of $287.47 and a two-hundred day simple moving average of $268.35. iShares Russell 2000 ETF has a 12-month low of $212.34 and a 12-month high of $302.72.

iShares Russell 2000 ETF Company 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.