Tandem Financial LLC Acquires 7,738 Shares of iShares Russell 2000 ETF $IWM

Tandem Financial LLC increased its stake in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 163.5% during the 2nd quarter, Holdings Channel reports. The institutional investor owned 12,472 shares of the exchange traded fund’s stock after buying an additional 7,738 shares during the period. iShares Russell 2000 ETF makes up 2.5% of Tandem Financial LLC’s holdings, making the stock its 15th biggest holding. Tandem Financial LLC’s holdings in iShares Russell 2000 ETF were worth $2,691,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in IWM. Brighton Jones LLC boosted its position in iShares Russell 2000 ETF by 2.6% in the 4th quarter. Brighton Jones LLC now owns 87,732 shares of the exchange traded fund’s stock valued at $19,385,000 after buying an additional 2,221 shares during the last quarter. Revolve Wealth Partners LLC increased its stake in shares of iShares Russell 2000 ETF by 13.2% in the 4th quarter. Revolve Wealth Partners LLC now owns 12,233 shares of the exchange traded fund’s stock valued at $2,703,000 after acquiring an additional 1,431 shares during the last quarter. Koss Olinger Consulting LLC bought a new stake in iShares Russell 2000 ETF in the first quarter valued at approximately $319,000. Benjamin Edwards Inc. raised its stake in iShares Russell 2000 ETF by 31.8% during the 1st quarter. Benjamin Edwards Inc. now owns 12,012 shares of the exchange traded fund’s stock worth $2,396,000 after buying an additional 2,900 shares during the period. Finally, Berger Financial Group Inc raised its position in shares of iShares Russell 2000 ETF by 5.9% during the first quarter. Berger Financial Group Inc now owns 1,253 shares of the exchange traded fund’s stock worth $250,000 after purchasing an additional 70 shares during the period.

iShares Russell 2000 ETF Stock Up 0.0%

Shares of IWM stock opened at $250.87 on Tuesday. The company has a market capitalization of $69.48 billion, a price-to-earnings ratio of 17.69 and a beta of 1.13. iShares Russell 2000 ETF has a 12-month low of $171.73 and a 12-month high of $252.77. The firm has a fifty day moving average of $244.07 and a 200-day moving average of $230.80.

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.