Cornerstone Advisors Asset Management LLC Increases Stock Holdings in iShares Russell 2000 ETF (NYSEARCA:IWM)

Cornerstone Advisors Asset Management LLC increased its stake in iShares Russell 2000 ETF (NYSEARCA:IWM) by 5.9% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 8,888 shares of the exchange traded fund’s stock after acquiring an additional 499 shares during the quarter. Cornerstone Advisors Asset Management LLC’s holdings in iShares Russell 2000 ETF were worth $1,964,000 at the end of the most recent reporting period.

A number of other large investors also recently added to or reduced their stakes in IWM. Newbridge Financial Services Group Inc. acquired a new position in shares of iShares Russell 2000 ETF during the 4th quarter worth about $505,000. Ritholtz Wealth Management increased its stake in iShares Russell 2000 ETF by 7.7% during the 4th quarter. Ritholtz Wealth Management now owns 2,276 shares of the exchange traded fund’s stock worth $503,000 after buying an additional 162 shares in the last quarter. Pinnacle Wealth Management Advisory Group LLC raised its holdings in shares of iShares Russell 2000 ETF by 0.6% during the fourth quarter. Pinnacle Wealth Management Advisory Group LLC now owns 56,314 shares of the exchange traded fund’s stock valued at $12,443,000 after acquiring an additional 339 shares during the last quarter. Legacy Trust lifted its position in shares of iShares Russell 2000 ETF by 1.0% in the fourth quarter. Legacy Trust now owns 30,400 shares of the exchange traded fund’s stock valued at $6,717,000 after acquiring an additional 295 shares in the last quarter. Finally, Aurelius Family Office LLC purchased a new position in shares of iShares Russell 2000 ETF in the fourth quarter valued at approximately $1,244,000.

iShares Russell 2000 ETF Trading Up 0.5 %

Shares of IWM opened at $227.21 on Wednesday. The stock has a 50 day moving average price of $225.38 and a 200 day moving average price of $223.34. iShares Russell 2000 ETF has a one year low of $191.34 and a one year high of $244.98.

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.