Broadview Financial Management LLC Grows Stake in iShares Russell 2000 ETF (NYSEARCA:IWM)

Broadview Financial Management LLC increased its stake in iShares Russell 2000 ETF (NYSEARCA:IWM) by 1.5% in the 4th quarter, HoldingsChannel reports. The fund owned 4,396 shares of the exchange traded fund’s stock after acquiring an additional 64 shares during the period. iShares Russell 2000 ETF accounts for approximately 0.7% of Broadview Financial Management LLC’s holdings, making the stock its 26th largest holding. Broadview Financial Management LLC’s holdings in iShares Russell 2000 ETF were worth $971,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Transcend Capital Advisors LLC lifted its stake in iShares Russell 2000 ETF by 16.0% in the fourth quarter. Transcend Capital Advisors LLC now owns 8,399 shares of the exchange traded fund’s stock worth $1,856,000 after purchasing an additional 1,160 shares during the last quarter. Bradley Foster & Sargent Inc. CT lifted its stake in iShares Russell 2000 ETF by 12.0% in the fourth quarter. Bradley Foster & Sargent Inc. CT now owns 36,719 shares of the exchange traded fund’s stock worth $8,114,000 after purchasing an additional 3,929 shares during the last quarter. Compass Planning Associates Inc bought a new stake in iShares Russell 2000 ETF in the fourth quarter worth about $203,000. Compass Capital Corp MA ADV bought a new stake in iShares Russell 2000 ETF in the fourth quarter worth about $560,000. Finally, Peoples Bank OH lifted its stake in iShares Russell 2000 ETF by 18.7% in the fourth quarter. Peoples Bank OH now owns 1,104 shares of the exchange traded fund’s stock worth $244,000 after purchasing an additional 174 shares during the last quarter.

iShares Russell 2000 ETF Price Performance

Shares of NYSEARCA IWM opened at $217.80 on Friday. iShares Russell 2000 ETF has a 1 year low of $191.34 and a 1 year high of $244.98. The firm has a 50-day simple moving average of $224.64 and a two-hundred day simple moving average of $223.48.

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.