ZWJ Investment Counsel Inc. Buys 2,922 Shares of iShares Russell 2000 ETF $IWM

ZWJ Investment Counsel Inc. purchased a new position in iShares Russell 2000 ETF (NYSEARCA:IWM) in the third quarter, Holdings Channel.com reports. The institutional investor purchased 2,922 shares of the exchange traded fund’s stock, valued at approximately $812,000.

A number of other large investors have also bought and sold shares of IWM. PNC Financial Services Group Inc. raised its holdings in shares of iShares Russell 2000 ETF by 6.6% during the first quarter. PNC Financial Services Group Inc. now owns 3,187,467 shares of the exchange traded fund’s stock valued at $790,492,000 after purchasing an additional 197,189 shares during the period. AIA Group Ltd boosted its position in shares of iShares Russell 2000 ETF by 181.5% during the 1st quarter. AIA Group Ltd now owns 1,864,118 shares of the exchange traded fund’s stock worth $462,301,000 after purchasing an additional 1,201,808 shares in the last quarter. Catalyst Capital Advisors LLC grew its stake in shares of iShares Russell 2000 ETF by 12.0% in the 1st quarter. Catalyst Capital Advisors LLC now owns 1,603,667 shares of the exchange traded fund’s stock valued at $397,709,000 after buying an additional 171,918 shares during the period. Fifth Third Bancorp grew its stake in shares of iShares Russell 2000 ETF by 61.6% in the 1st quarter. Fifth Third Bancorp now owns 957,068 shares of the exchange traded fund’s stock valued at $237,353,000 after buying an additional 364,779 shares during the period. Finally, HighTower Advisors LLC grew its stake in shares of iShares Russell 2000 ETF by 10.9% in the 2nd quarter. HighTower Advisors LLC now owns 712,746 shares of the exchange traded fund’s stock valued at $214,144,000 after buying an additional 70,330 shares during the period.

iShares Russell 2000 ETF Trading Down 1.9%

IWM opened at $271.37 on Thursday. The company’s fifty day moving average price is $290.04 and its two-hundred day moving average price is $285.93. iShares Russell 2000 ETF has a 1-year low of $228.90 and a 1-year high of $305.18. The company has a market cap of $76.61 billion, a price-to-earnings ratio of 17.69 and a beta of 1.13.

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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.