Birmingham Capital Management Co. Inc. AL Grows Stake in iShares Russell 2000 ETF (NYSEARCA:IWM)

Birmingham Capital Management Co. Inc. AL grew its position in iShares Russell 2000 ETF (NYSEARCA:IWM) by 7.3% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,955 shares of the exchange traded fund’s stock after acquiring an additional 200 shares during the quarter. Birmingham Capital Management Co. Inc. AL’s holdings in iShares Russell 2000 ETF were worth $653,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Legacy Investment Solutions LLC acquired a new position in shares of iShares Russell 2000 ETF in the third quarter valued at about $25,000. Northwest Investment Counselors LLC acquired a new stake in shares of iShares Russell 2000 ETF during the 3rd quarter worth approximately $26,000. PSI Advisors LLC boosted its stake in iShares Russell 2000 ETF by 116.7% during the third quarter. PSI Advisors LLC now owns 117 shares of the exchange traded fund’s stock worth $26,000 after buying an additional 63 shares during the period. Centerpoint Advisors LLC boosted its holdings in iShares Russell 2000 ETF by 625.0% during the 2nd quarter. Centerpoint Advisors LLC now owns 145 shares of the exchange traded fund’s stock valued at $29,000 after acquiring an additional 125 shares during the period. Finally, Cordant Inc. purchased a new position in iShares Russell 2000 ETF in the second quarter valued at $30,000.

iShares Russell 2000 ETF Stock Performance

Shares of IWM traded down $1.35 during mid-day trading on Friday, reaching $233.33. 5,670,553 shares of the company’s stock were exchanged, compared to its average volume of 31,312,246. The business’s fifty day simple moving average is $229.73 and its 200-day simple moving average is $217.43. iShares Russell 2000 ETF has a 52-week low of $187.52 and a 52-week 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.