Wealth Alliance Purchases Shares of 1,616 iShares Russell 2000 ETF (NYSEARCA:IWM)

Wealth Alliance acquired a new position in iShares Russell 2000 ETF (NYSEARCA:IWM) during the fourth quarter, HoldingsChannel reports. The institutional investor acquired 1,616 shares of the exchange traded fund’s stock, valued at approximately $324,000.

Several other hedge funds have also recently made changes to their positions in IWM. Fairfield Bush & CO. purchased a new stake in iShares Russell 2000 ETF in the second quarter worth about $25,000. BKM Wealth Management LLC purchased a new position in shares of iShares Russell 2000 ETF in the 4th quarter valued at approximately $28,000. Tucker Asset Management LLC lifted its stake in shares of iShares Russell 2000 ETF by 326.8% in the 3rd quarter. Tucker Asset Management LLC now owns 175 shares of the exchange traded fund’s stock valued at $31,000 after purchasing an additional 134 shares during the period. Arjuna Capital bought a new stake in shares of iShares Russell 2000 ETF during the third quarter valued at approximately $34,000. Finally, Legacy Financial Group LLC purchased a new stake in iShares Russell 2000 ETF in the third quarter worth $36,000.

iShares Russell 2000 ETF Stock Performance

Shares of IWM stock opened at $192.79 on Friday. The company’s fifty day moving average price is $202.93 and its 200-day moving average price is $190.68. iShares Russell 2000 ETF has a 12 month low of $161.67 and a 12 month 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.