Legacy Edge Advisors LLC Buys New Position in iShares Russell 2000 ETF $IWM

Legacy Edge Advisors LLC bought a new stake in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) during the 4th quarter, HoldingsChannel.com reports. The fund bought 13,331 shares of the exchange traded fund’s stock, valued at approximately $3,282,000.

Other hedge funds also recently modified their holdings of the company. Investment Counsel Co. of Nevada purchased a new position in shares of iShares Russell 2000 ETF during the third quarter valued at approximately $26,000. Measured Wealth Private Client Group LLC purchased a new position in shares of iShares Russell 2000 ETF during the third quarter valued at approximately $28,000. Abich Financial Wealth Management LLC purchased a new position in shares of iShares Russell 2000 ETF during the third quarter valued at approximately $30,000. Columbia Asset Management purchased a new position in shares of iShares Russell 2000 ETF during the fourth quarter valued at approximately $32,000. Finally, FWL Investment Management LLC boosted its position in iShares Russell 2000 ETF by 340.0% in the third quarter. FWL Investment Management LLC now owns 132 shares of the exchange traded fund’s stock worth $32,000 after purchasing an additional 102 shares during the last quarter.

iShares Russell 2000 ETF Trading Up 0.5%

IWM stock opened at $279.28 on Friday. The stock’s fifty day simple moving average is $259.19 and its two-hundred day simple moving average is $254.68. iShares Russell 2000 ETF has a 1-year low of $195.64 and a 1-year high of $279.81. The stock has a market cap of $77.56 billion, a P/E ratio of 17.69 and a beta of 1.11.

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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.