Fisher Asset Management LLC Has $2.42 Million Stock Position in iShares Russell 2000 ETF $IWM

Fisher Asset Management LLC boosted its position in iShares Russell 2000 ETF (NYSEARCA:IWM) by 171.4% in the 4th quarter, HoldingsChannel reports. The firm owned 9,825 shares of the exchange traded fund’s stock after acquiring an additional 6,205 shares during the period. Fisher Asset Management LLC’s holdings in iShares Russell 2000 ETF were worth $2,419,000 as of its most recent filing with the SEC.

Other hedge funds have also recently bought and sold shares of the company. Investment Counsel Co. of Nevada acquired a new stake in iShares Russell 2000 ETF during the third quarter worth approximately $26,000. Measured Wealth Private Client Group LLC acquired a new stake in iShares Russell 2000 ETF during the third quarter worth approximately $28,000. Abich Financial Wealth Management LLC acquired a new stake in iShares Russell 2000 ETF during the third quarter worth approximately $30,000. Columbia Asset Management acquired a new stake in iShares Russell 2000 ETF during the fourth quarter worth approximately $32,000. Finally, Tucker Asset Management LLC acquired a new stake in iShares Russell 2000 ETF during the fourth quarter worth approximately $32,000.

iShares Russell 2000 ETF Stock Down 0.5%

Shares of IWM stock opened at $290.43 on Friday. The firm has a 50 day moving average price of $269.62 and a two-hundred day moving average price of $259.73. The company has a market capitalization of $80.65 billion, a PE 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.

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.