Northwestern Mutual Wealth Management Co. Has $156.68 Million Stock Holdings in iShares Russell 2000 ETF $IWM

Northwestern Mutual Wealth Management Co. increased its holdings in iShares Russell 2000 ETF (NYSEARCA:IWM) by 4.5% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 636,481 shares of the exchange traded fund’s stock after purchasing an additional 27,476 shares during the period. Northwestern Mutual Wealth Management Co. owned approximately 0.22% of iShares Russell 2000 ETF worth $156,676,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. LGL Partners LLC increased its holdings in shares of iShares Russell 2000 ETF by 0.3% during the fourth quarter. LGL Partners LLC now owns 11,916 shares of the exchange traded fund’s stock worth $2,933,000 after buying an additional 38 shares in the last quarter. Rinkey Investments increased its holdings in shares of iShares Russell 2000 ETF by 2.7% during the fourth quarter. Rinkey Investments now owns 1,526 shares of the exchange traded fund’s stock worth $376,000 after buying an additional 40 shares in the last quarter. Moody Lynn & Lieberson LLC increased its holdings in shares of iShares Russell 2000 ETF by 0.8% during the fourth quarter. Moody Lynn & Lieberson LLC now owns 5,103 shares of the exchange traded fund’s stock worth $1,256,000 after buying an additional 41 shares in the last quarter. Northern Financial Advisors Inc increased its stake in shares of iShares Russell 2000 ETF by 4.1% in the third quarter. Northern Financial Advisors Inc now owns 1,144 shares of the exchange traded fund’s stock valued at $277,000 after buying an additional 45 shares in the last quarter. Finally, Punch & Associates Investment Management Inc. increased its stake in shares of iShares Russell 2000 ETF by 32.1% in the third quarter. Punch & Associates Investment Management Inc. now owns 185 shares of the exchange traded fund’s stock valued at $45,000 after buying an additional 45 shares in the last quarter.

iShares Russell 2000 ETF Stock Up 0.6%

Shares of NYSEARCA IWM opened at $292.03 on Friday. The firm’s 50-day simple moving average is $268.73 and its 200 day simple moving average is $259.51. The company has a market cap of $81.10 billion, a price-to-earnings ratio of 17.69 and a beta of 1.11. iShares Russell 2000 ETF has a 12-month low of $202.67 and a 12-month high of $292.74.

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.