New England Asset Management Inc. Has $2.77 Million Position in iShares Russell 2000 ETF (NYSEARCA:IWM)

New England Asset Management Inc. increased its position in iShares Russell 2000 ETF (NYSEARCA:IWM) by 12.2% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 13,821 shares of the exchange traded fund’s stock after acquiring an additional 1,500 shares during the period. New England Asset Management Inc.’s holdings in iShares Russell 2000 ETF were worth $2,774,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in IWM. BKM Wealth Management LLC bought a new stake in iShares Russell 2000 ETF during the fourth quarter worth approximately $28,000. Tucker Asset Management LLC boosted its position in iShares Russell 2000 ETF by 326.8% during the third quarter. Tucker Asset Management LLC now owns 175 shares of the exchange traded fund’s stock worth $31,000 after purchasing an additional 134 shares during the period. VitalStone Financial LLC boosted its position in iShares Russell 2000 ETF by 119.8% during the fourth quarter. VitalStone Financial LLC now owns 178 shares of the exchange traded fund’s stock worth $36,000 after purchasing an additional 97 shares during the period. Burkett Financial Services LLC bought a new stake in iShares Russell 2000 ETF during the fourth quarter worth approximately $37,000. Finally, Tradewinds Capital Management LLC bought a new stake in iShares Russell 2000 ETF during the fourth quarter worth approximately $40,000.

iShares Russell 2000 ETF Stock Up 1.5 %

iShares Russell 2000 ETF stock traded up $3.08 during trading hours on Wednesday, reaching $203.72. 43,530,020 shares of the company were exchanged, compared to its average volume of 34,373,230. iShares Russell 2000 ETF has a 12 month low of $161.67 and a 12 month high of $211.88. The stock has a 50-day moving average of $202.24 and a 200 day moving average of $199.30.

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.