Coordinated Financial Services Inc. Invests $1.22 Million in iShares Russell 2000 ETF $IWM

Coordinated Financial Services Inc. bought a new position in iShares Russell 2000 ETF (NYSEARCA:IWM) during the second quarter, Holdings Channel.com reports. The firm bought 5,630 shares of the exchange traded fund’s stock, valued at approximately $1,215,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Farther Finance Advisors LLC grew its holdings in iShares Russell 2000 ETF by 18.5% during the second quarter. Farther Finance Advisors LLC now owns 28,093 shares of the exchange traded fund’s stock valued at $6,062,000 after purchasing an additional 4,381 shares during the period. Independent Wealth Network Inc. grew its holdings in iShares Russell 2000 ETF by 2.6% during the second quarter. Independent Wealth Network Inc. now owns 2,477 shares of the exchange traded fund’s stock valued at $534,000 after purchasing an additional 62 shares during the period. American National Bank & Trust grew its holdings in iShares Russell 2000 ETF by 52.7% during the second quarter. American National Bank & Trust now owns 11,874 shares of the exchange traded fund’s stock valued at $2,562,000 after purchasing an additional 4,098 shares during the period. Mackenzie Financial Corp grew its holdings in iShares Russell 2000 ETF by 6.6% during the first quarter. Mackenzie Financial Corp now owns 80,059 shares of the exchange traded fund’s stock valued at $15,971,000 after purchasing an additional 4,939 shares during the period. Finally, Pasadena Private Wealth LLC bought a new position in iShares Russell 2000 ETF during the first quarter valued at $339,000.

iShares Russell 2000 ETF Trading Down 0.6%

Shares of NYSEARCA IWM opened at $245.13 on Friday. The stock has a fifty day simple moving average of $234.91 and a two-hundred day simple moving average of $215.97. iShares Russell 2000 ETF has a 1-year low of $171.73 and a 1-year high of $248.48. The firm has a market cap of $69.65 billion, a price-to-earnings ratio of 17.69 and a beta of 1.15.

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.