Pointe Capital Management LLC Increases Stock Position in iShares Russell 2000 ETF (NYSEARCA:IWM)

Pointe Capital Management LLC lifted its holdings in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 4.7% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 6,528 shares of the exchange traded fund’s stock after buying an additional 295 shares during the period. iShares Russell 2000 ETF comprises 0.8% of Pointe Capital Management LLC’s investment portfolio, making the stock its 24th biggest holding. Pointe Capital Management LLC’s holdings in iShares Russell 2000 ETF were worth $1,443,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of the business. Newbridge Financial Services Group Inc. acquired a new stake in iShares Russell 2000 ETF in the fourth quarter valued at $505,000. Ritholtz Wealth Management increased its holdings in shares of iShares Russell 2000 ETF by 7.7% in the 4th quarter. Ritholtz Wealth Management now owns 2,276 shares of the exchange traded fund’s stock valued at $503,000 after purchasing an additional 162 shares in the last quarter. Pinnacle Wealth Management Advisory Group LLC lifted its stake in shares of iShares Russell 2000 ETF by 0.6% in the fourth quarter. Pinnacle Wealth Management Advisory Group LLC now owns 56,314 shares of the exchange traded fund’s stock valued at $12,443,000 after purchasing an additional 339 shares during the period. Legacy Trust boosted its holdings in iShares Russell 2000 ETF by 1.0% during the fourth quarter. Legacy Trust now owns 30,400 shares of the exchange traded fund’s stock worth $6,717,000 after buying an additional 295 shares in the last quarter. Finally, Aurelius Family Office LLC acquired a new position in iShares Russell 2000 ETF during the fourth quarter worth about $1,244,000.

iShares Russell 2000 ETF Trading Down 0.4 %

Shares of iShares Russell 2000 ETF stock opened at $215.41 on Wednesday. The company has a 50-day moving average of $223.96 and a two-hundred day moving average of $223.89. The stock has a market cap of $69.00 billion, a PE ratio of 16.97 and a beta of 1.17. iShares Russell 2000 ETF has a 12-month low of $191.34 and a 12-month high of $244.98.

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.