Madison Investment Advisors LLC Buys New Shares in iShares Russell 2000 ETF (NYSEARCA:IWM)

Madison Investment Advisors LLC bought a new position in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 1,211 shares of the exchange traded fund’s stock, valued at approximately $268,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Impact Capital Partners LLC acquired a new position in shares of iShares Russell 2000 ETF in the 4th quarter valued at $517,000. Commonwealth Equity Services LLC raised its position in iShares Russell 2000 ETF by 11.2% in the fourth quarter. Commonwealth Equity Services LLC now owns 780,002 shares of the exchange traded fund’s stock worth $172,349,000 after purchasing an additional 78,418 shares in the last quarter. Stelac Advisory Services LLC lifted its stake in iShares Russell 2000 ETF by 47.9% during the fourth quarter. Stelac Advisory Services LLC now owns 3,442 shares of the exchange traded fund’s stock worth $761,000 after purchasing an additional 1,115 shares during the period. HBK Sorce Advisory LLC boosted its holdings in iShares Russell 2000 ETF by 7.6% during the fourth quarter. HBK Sorce Advisory LLC now owns 5,582 shares of the exchange traded fund’s stock valued at $1,233,000 after purchasing an additional 392 shares in the last quarter. Finally, Penobscot Wealth Management grew its stake in shares of iShares Russell 2000 ETF by 36.2% in the 4th quarter. Penobscot Wealth Management now owns 2,707 shares of the exchange traded fund’s stock valued at $598,000 after purchasing an additional 720 shares during the period.

iShares Russell 2000 ETF Price Performance

iShares Russell 2000 ETF stock opened at $202.89 on Friday. The business has a 50 day simple moving average of $219.85 and a 200 day simple moving average of $223.14. The company has a market capitalization of $64.99 billion, a PE ratio of 16.97 and a beta of 1.17. iShares Russell 2000 ETF has a one year low of $191.34 and a one year 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.