Northwest Quadrant Wealth Management LLC Invests $225,000 in iShares Russell 2000 ETF (NYSEARCA:IWM)

Northwest Quadrant Wealth Management LLC acquired a new position in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) during the fourth quarter, Holdings Channel reports. The institutional investor acquired 1,017 shares of the exchange traded fund’s stock, valued at approximately $225,000.

A number of other large investors have also modified their holdings of IWM. Field & Main Bank purchased a new stake in shares of iShares Russell 2000 ETF during the fourth quarter worth $27,000. Atala Financial Inc purchased a new stake in shares of iShares Russell 2000 ETF during the fourth quarter worth $27,000. Insight Inv LLC purchased a new stake in shares of iShares Russell 2000 ETF during the fourth quarter worth $30,000. Conquis Financial LLC purchased a new stake in shares of iShares Russell 2000 ETF during the fourth quarter worth $30,000. Finally, Financial Management Professionals Inc. purchased a new stake in shares of iShares Russell 2000 ETF during the fourth quarter worth $32,000.

iShares Russell 2000 ETF Trading Up 0.4%

iShares Russell 2000 ETF stock opened at $208.63 on Wednesday. iShares Russell 2000 ETF has a twelve month low of $171.73 and a twelve month high of $244.98. The stock’s fifty day simple moving average is $195.63 and its 200-day simple moving average is $215.97. The firm has a market capitalization of $63.06 billion, a P/E ratio of 16.84 and a beta of 1.12.

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.