iShares Russell 2000 ETF (NYSEARCA:IWM) Position Boosted by Sheets Smith Wealth Management

Sheets Smith Wealth Management raised its position in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 574.4% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 10,918 shares of the exchange traded fund’s stock after buying an additional 9,299 shares during the quarter. Sheets Smith Wealth Management’s holdings in iShares Russell 2000 ETF were worth $2,191,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Well Done LLC lifted its stake in iShares Russell 2000 ETF by 30.6% during the fourth quarter. Well Done LLC now owns 5,192 shares of the exchange traded fund’s stock valued at $1,042,000 after buying an additional 1,218 shares in the last quarter. Horizon Bancorp Inc. IN lifted its stake in iShares Russell 2000 ETF by 110.9% during the fourth quarter. Horizon Bancorp Inc. IN now owns 426 shares of the exchange traded fund’s stock valued at $86,000 after buying an additional 224 shares in the last quarter. Venture Visionary Partners LLC lifted its stake in iShares Russell 2000 ETF by 11.2% during the fourth quarter. Venture Visionary Partners LLC now owns 26,719 shares of the exchange traded fund’s stock valued at $5,363,000 after buying an additional 2,685 shares in the last quarter. Lyell Wealth Management LP lifted its stake in iShares Russell 2000 ETF by 2.1% during the fourth quarter. Lyell Wealth Management LP now owns 14,165 shares of the exchange traded fund’s stock valued at $2,843,000 after buying an additional 288 shares in the last quarter. Finally, Sapient Capital LLC purchased a new stake in iShares Russell 2000 ETF during the fourth quarter valued at about $275,000.

iShares Russell 2000 ETF Price Performance

IWM stock traded up $1.98 during mid-day trading on Friday, reaching $201.90. 30,880,550 shares of the stock traded hands, compared to its average volume of 33,680,616. The stock’s fifty day moving average is $202.40 and its 200-day moving average is $192.84. iShares Russell 2000 ETF has a 52-week low of $161.67 and a 52-week high of $211.88.

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.