M Holdings Securities Inc. Invests $637,000 in iShares Russell 2000 ETF (NYSEARCA:IWM)

M Holdings Securities Inc. acquired a new stake in iShares Russell 2000 ETF (NYSEARCA:IWM) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 2,881 shares of the exchange traded fund’s stock, valued at approximately $637,000. iShares Russell 2000 ETF makes up about 0.4% of M Holdings Securities Inc.’s portfolio, making the stock its 21st largest position.

A number of other hedge funds have also made changes to their positions in IWM. Legacy Investment Solutions LLC acquired a new position in shares of iShares Russell 2000 ETF in the 3rd quarter worth approximately $25,000. Field & Main Bank bought a new stake in iShares Russell 2000 ETF during the fourth quarter worth approximately $27,000. Atala Financial Inc acquired a new position in iShares Russell 2000 ETF in the fourth quarter worth approximately $27,000. Insight Inv LLC bought a new position in shares of iShares Russell 2000 ETF in the fourth quarter valued at $30,000. Finally, RPg Family Wealth Advisory LLC acquired a new stake in shares of iShares Russell 2000 ETF during the 3rd quarter valued at $31,000.

iShares Russell 2000 ETF Stock Down 0.6 %

Shares of NYSEARCA IWM opened at $203.79 on Friday. iShares Russell 2000 ETF has a 12 month low of $191.34 and a 12 month high of $244.98. The company has a market cap of $65.86 billion, a price-to-earnings ratio of 16.20 and a beta of 1.19. The business has a fifty day simple moving average of $218.17 and a 200-day simple moving average of $222.72.

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.