Armis Advisers LLC Buys New Holdings in iShares Russell 2000 ETF (NYSEARCA:IWM)

Armis Advisers LLC bought a new stake in iShares Russell 2000 ETF (NYSEARCA:IWM) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 2,944 shares of the exchange traded fund’s stock, valued at approximately $650,000.

Other hedge funds have also bought and sold shares of the company. Amundi lifted its stake in iShares Russell 2000 ETF by 1,894.7% in the 4th quarter. Amundi now owns 1,895 shares of the exchange traded fund’s stock valued at $420,000 after purchasing an additional 1,800 shares during the last quarter. Newbridge Financial Services Group Inc. acquired a new stake in iShares Russell 2000 ETF during the fourth quarter worth approximately $505,000. Itau Unibanco Holding S.A. acquired a new stake in iShares Russell 2000 ETF during the fourth quarter worth approximately $27,631,000. Pinnacle Wealth Management Advisory Group LLC increased its holdings in shares of iShares Russell 2000 ETF by 0.6% during the fourth quarter. Pinnacle Wealth Management Advisory Group LLC now owns 56,314 shares of the exchange traded fund’s stock worth $12,443,000 after purchasing an additional 339 shares during the period. Finally, Legacy Trust increased its holdings in shares of iShares Russell 2000 ETF by 1.0% during the fourth quarter. Legacy Trust now owns 30,400 shares of the exchange traded fund’s stock worth $6,717,000 after purchasing an additional 295 shares during the period.

iShares Russell 2000 ETF Trading Down 0.3%

Shares of IWM opened at $202.56 on Monday. iShares Russell 2000 ETF has a 12 month low of $171.73 and a 12 month high of $244.98. The firm’s 50 day moving average is $196.31 and its 200-day moving average is $214.91. The stock has a market capitalization of $61.22 billion, a PE ratio of 16.84 and a beta of 1.12.

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.