Strategic Financial Concepts LLC Purchases 734,412 Shares of iShares Russell 2000 ETF (NYSEARCA:IWM)

Strategic Financial Concepts LLC increased its position in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 21,916.2% in the fourth quarter, Holdings Channel.com reports. The firm owned 737,763 shares of the exchange traded fund’s stock after purchasing an additional 734,412 shares during the quarter. Strategic Financial Concepts LLC’s holdings in iShares Russell 2000 ETF were worth $163,016,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in IWM. Legacy Investment Solutions LLC purchased a new position in shares of iShares Russell 2000 ETF during the third quarter valued at approximately $25,000. Northwest Investment Counselors LLC bought a new stake in shares of iShares Russell 2000 ETF during the 3rd quarter worth approximately $26,000. PSI Advisors LLC boosted its holdings in iShares Russell 2000 ETF by 116.7% during the 3rd quarter. PSI Advisors LLC now owns 117 shares of the exchange traded fund’s stock valued at $26,000 after acquiring an additional 63 shares during the period. Field & Main Bank bought a new position in iShares Russell 2000 ETF in the 4th quarter valued at $27,000. Finally, Insight Inv LLC bought a new position in iShares Russell 2000 ETF in the 4th quarter valued at $30,000.

iShares Russell 2000 ETF Trading Down 0.3 %

NYSEARCA:IWM opened at $228.65 on Friday. iShares Russell 2000 ETF has a twelve month low of $191.34 and a twelve month high of $244.98. The stock has a fifty day simple moving average of $227.79 and a 200-day simple moving average of $222.92.

iShares Russell 2000 ETF Company 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.