Intellus Advisors LLC Makes New Investment in iShares Russell 2000 ETF (NYSEARCA:IWM)

Intellus Advisors LLC bought a new position in iShares Russell 2000 ETF (NYSEARCA:IWM) during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 1,000 shares of the exchange traded fund’s stock, valued at approximately $221,000.

Several other hedge funds also recently bought and sold shares of IWM. Proficio Capital Partners LLC acquired a new stake in iShares Russell 2000 ETF in the fourth quarter worth $4,672,147,000. JPMorgan Chase & Co. raised its holdings in iShares Russell 2000 ETF by 50.5% in the third quarter. JPMorgan Chase & Co. now owns 4,313,404 shares of the exchange traded fund’s stock worth $952,788,000 after purchasing an additional 1,446,443 shares during the period. Wealthfront Advisers LLC raised its holdings in iShares Russell 2000 ETF by 45,890.5% in the fourth quarter. Wealthfront Advisers LLC now owns 1,394,893 shares of the exchange traded fund’s stock worth $308,216,000 after purchasing an additional 1,391,860 shares during the period. Strategic Financial Concepts LLC raised its holdings in iShares Russell 2000 ETF by 21,916.2% in the fourth quarter. Strategic Financial Concepts LLC now owns 737,763 shares of the exchange traded fund’s stock worth $163,016,000 after purchasing an additional 734,412 shares during the period. Finally, Redwood Investment Management LLC acquired a new stake in iShares Russell 2000 ETF in the third quarter worth $142,774,000.

iShares Russell 2000 ETF Stock Down 0.6 %

Shares of NYSEARCA:IWM opened at $203.79 on Friday. iShares Russell 2000 ETF has a 12 month low of $191.34 and a 12 month high of $244.98. The company’s fifty day simple moving average is $218.17 and its 200 day simple moving average is $222.65. The firm has a market cap of $65.86 billion, a price-to-earnings ratio of 16.20 and a beta of 1.19.

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.