IPG Investment Advisors LLC Has $2.38 Million Stake in iShares Russell 2000 ETF (NYSEARCA:IWM)

IPG Investment Advisors LLC grew its stake in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 11.1% in the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 10,750 shares of the exchange traded fund’s stock after buying an additional 1,071 shares during the period. IPG Investment Advisors LLC’s holdings in iShares Russell 2000 ETF were worth $2,375,000 as of its most recent filing with the SEC.

A number of other large investors have also made changes to their positions in IWM. Legacy Investment Solutions LLC acquired a new position in iShares Russell 2000 ETF in the 3rd quarter valued at approximately $25,000. Field & Main Bank acquired a new position in shares of iShares Russell 2000 ETF in the fourth quarter valued at $27,000. Atala Financial Inc acquired a new position in shares of iShares Russell 2000 ETF in the fourth quarter valued at $27,000. Insight Inv LLC bought a new position in iShares Russell 2000 ETF in the fourth quarter worth $30,000. Finally, Financial Management Professionals Inc. acquired a new stake in iShares Russell 2000 ETF during the fourth quarter worth $32,000.

iShares Russell 2000 ETF Stock Performance

Shares of IWM stock opened at $200.45 on Friday. The firm has a fifty day moving average of $216.50 and a 200-day moving average of $222.56. The stock has a market cap of $64.79 billion, a price-to-earnings ratio of 16.20 and a beta of 1.19. iShares Russell 2000 ETF has a 52-week low of $191.34 and a 52-week high of $244.98.

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.