iShares Russell 2000 ETF $IWM Shares Purchased by MML Investors Services LLC

MML Investors Services LLC increased its holdings in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 16.3% during the fourth quarter, HoldingsChannel.com reports. The fund owned 224,130 shares of the exchange traded fund’s stock after buying an additional 31,493 shares during the period. MML Investors Services LLC’s holdings in iShares Russell 2000 ETF were worth $55,172,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Investment Counsel Co. of Nevada acquired a new position in iShares Russell 2000 ETF during the third quarter worth about $26,000. Acumen Wealth Advisors LLC acquired a new position in iShares Russell 2000 ETF during the fourth quarter worth about $27,000. Measured Wealth Private Client Group LLC acquired a new position in iShares Russell 2000 ETF during the third quarter worth about $28,000. Abich Financial Wealth Management LLC acquired a new position in iShares Russell 2000 ETF during the third quarter worth about $30,000. Finally, Columbia Asset Management acquired a new position in iShares Russell 2000 ETF during the fourth quarter worth about $32,000.

iShares Russell 2000 ETF Trading Up 0.6%

IWM opened at $294.64 on Tuesday. The firm has a market capitalization of $81.82 billion, a PE ratio of 17.69 and a beta of 1.11. iShares Russell 2000 ETF has a twelve month low of $206.81 and a twelve month high of $297.91. The firm’s 50-day moving average price is $278.71 and its 200 day moving average price is $263.78.

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.