Flaharty Asset Management LLC Purchases 1,638 Shares of iShares Russell 2000 ETF (NYSEARCA:IWM)

Flaharty Asset Management LLC raised its stake in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 110.4% in the 4th quarter, HoldingsChannel reports. The firm owned 3,122 shares of the exchange traded fund’s stock after purchasing an additional 1,638 shares during the period. Flaharty Asset Management LLC’s holdings in iShares Russell 2000 ETF were worth $690,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of IWM. Proficio Capital Partners LLC bought a new stake in iShares Russell 2000 ETF during the fourth quarter valued at approximately $4,672,147,000. JPMorgan Chase & Co. lifted its position in iShares Russell 2000 ETF by 50.5% during the third quarter. JPMorgan Chase & Co. now owns 4,313,404 shares of the exchange traded fund’s stock valued at $952,788,000 after purchasing an additional 1,446,443 shares during the last quarter. Strategic Financial Concepts LLC lifted its position in iShares Russell 2000 ETF by 21,916.2% during the fourth quarter. Strategic Financial Concepts LLC now owns 737,763 shares of the exchange traded fund’s stock valued at $163,016,000 after purchasing an additional 734,412 shares during the last quarter. Redwood Investment Management LLC bought a new stake in iShares Russell 2000 ETF during the third quarter valued at approximately $142,774,000. Finally, Cibc World Market Inc. lifted its position in iShares Russell 2000 ETF by 18.1% during the fourth quarter. Cibc World Market Inc. now owns 2,868,379 shares of the exchange traded fund’s stock valued at $633,797,000 after purchasing an additional 440,218 shares during the last quarter.

iShares Russell 2000 ETF Price Performance

Shares of iShares Russell 2000 ETF stock opened at $214.65 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 market cap of $68.75 billion, a PE ratio of 16.97 and a beta of 1.17. The company has a 50 day simple moving average of $223.56 and a two-hundred day simple moving average of $223.83.

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.