2,039 Shares in iShares Russell 2000 ETF $IWM Acquired by Tennessee Valley Asset Management Partners

Tennessee Valley Asset Management Partners purchased a new stake in iShares Russell 2000 ETF (NYSEARCA:IWM) in the 3rd quarter, Holdings Channel.com reports. The institutional investor purchased 2,039 shares of the exchange traded fund’s stock, valued at approximately $493,000.

Several other hedge funds have also modified their holdings of IWM. Angeles Investment Advisors LLC grew its stake in shares of iShares Russell 2000 ETF by 29,431.2% in the 3rd quarter. Angeles Investment Advisors LLC now owns 224,142 shares of the exchange traded fund’s stock valued at $54,233,000 after purchasing an additional 223,383 shares during the last quarter. Cobblestone Capital Advisors LLC NY lifted its holdings in shares of iShares Russell 2000 ETF by 22.5% during the third quarter. Cobblestone Capital Advisors LLC NY now owns 32,691 shares of the exchange traded fund’s stock worth $7,910,000 after purchasing an additional 6,002 shares during the period. Citizens Financial Group Inc. RI grew its position in iShares Russell 2000 ETF by 1.1% in the 3rd quarter. Citizens Financial Group Inc. RI now owns 386,528 shares of the exchange traded fund’s stock valued at $93,524,000 after buying an additional 4,061 shares during the last quarter. Capstone Wealth Management Group LLC acquired a new position in iShares Russell 2000 ETF in the 3rd quarter valued at $6,291,000. Finally, State of Wyoming lifted its position in iShares Russell 2000 ETF by 241.9% in the third quarter. State of Wyoming now owns 5,300 shares of the exchange traded fund’s stock valued at $1,282,000 after purchasing an additional 3,750 shares during the period.

iShares Russell 2000 ETF Trading Down 0.2%

Shares of IWM opened at $252.85 on Thursday. iShares Russell 2000 ETF has a twelve month low of $171.73 and a twelve month high of $271.60. The stock’s 50 day moving average is $261.10 and its two-hundred day moving average is $249.86. The firm has a market capitalization of $72.02 billion, a PE ratio of 17.69 and a beta of 1.13.

iShares Russell 2000 ETF 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.