Gallacher Capital Management LLC Makes New Investment in iShares Russell 2000 ETF (NYSEARCA:IWM)

Gallacher Capital Management LLC acquired a new position in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 1,077 shares of the exchange traded fund’s stock, valued at approximately $227,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. BKM Wealth Management LLC purchased a new position in shares of iShares Russell 2000 ETF during the 4th quarter valued at $28,000. Ables Iannone Moore & Associates Inc. purchased a new position in shares of iShares Russell 2000 ETF during the 4th quarter valued at $29,000. Scarborough Advisors LLC purchased a new position in shares of iShares Russell 2000 ETF during the 4th quarter valued at $29,000. Kessler Investment Group LLC purchased a new position in shares of iShares Russell 2000 ETF during the 1st quarter valued at $35,000. Finally, BNP Paribas purchased a new position in shares of iShares Russell 2000 ETF during the 1st quarter valued at $35,000.

iShares Russell 2000 ETF Trading Up 1.2 %

Shares of iShares Russell 2000 ETF stock traded up $2.61 on Friday, hitting $213.29. 32,293,772 shares of the company traded hands, compared to its average volume of 33,063,297. iShares Russell 2000 ETF has a 12-month low of $161.67 and a 12-month high of $214.94. The company has a 50-day moving average price of $203.49 and a 200 day moving average price of $201.06.

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.