Ausdal Financial Partners Inc. Purchases 2,261 Shares of iShares Russell 2000 ETF (NYSEARCA:IWM)

Ausdal Financial Partners Inc. grew its position in iShares Russell 2000 ETF (NYSEARCA:IWM) by 5.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 43,222 shares of the exchange traded fund’s stock after acquiring an additional 2,261 shares during the quarter. iShares Russell 2000 ETF comprises about 0.8% of Ausdal Financial Partners Inc.’s portfolio, making the stock its 22nd largest position. Ausdal Financial Partners Inc.’s holdings in iShares Russell 2000 ETF were worth $9,550,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in IWM. Penobscot Investment Management Company Inc. lifted its stake in shares of iShares Russell 2000 ETF by 1.1% during the 4th quarter. Penobscot Investment Management Company Inc. now owns 8,367 shares of the exchange traded fund’s stock worth $1,849,000 after acquiring an additional 92 shares during the last quarter. Murphy & Mullick Capital Management Corp bought a new stake in shares of iShares Russell 2000 ETF during the fourth quarter worth $54,000. Journey Beyond Wealth LLC bought a new stake in iShares Russell 2000 ETF during the 4th quarter valued at about $573,000. BG Investment Services Inc. bought a new stake in shares of iShares Russell 2000 ETF during the fourth quarter valued at approximately $4,021,000. Finally, Wambolt & Associates LLC purchased a new stake in shares of iShares Russell 2000 ETF in the fourth quarter valued at approximately $332,000.

iShares Russell 2000 ETF Stock Down 0.6 %

Shares of NYSEARCA:IWM opened at $207.70 on Wednesday. The business’s 50 day moving average is $217.77 and its 200 day moving average is $222.76. The stock has a market cap of $67.13 billion, a P/E 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.