KCM Investment Advisors LLC Increases Holdings in iShares Russell 2000 ETF (NYSEARCA:IWM)

KCM Investment Advisors LLC grew its stake in iShares Russell 2000 ETF (NYSEARCA:IWM) by 76.2% during the 4th quarter, HoldingsChannel reports. The fund owned 7,568 shares of the exchange traded fund’s stock after purchasing an additional 3,272 shares during the quarter. KCM Investment Advisors LLC’s holdings in iShares Russell 2000 ETF were worth $1,672,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of the stock. Amundi grew its position in iShares Russell 2000 ETF by 1,894.7% during the 4th quarter. Amundi now owns 1,895 shares of the exchange traded fund’s stock valued at $420,000 after purchasing an additional 1,800 shares during the last quarter. Newbridge Financial Services Group Inc. bought a new stake in shares of iShares Russell 2000 ETF during the fourth quarter valued at approximately $505,000. Ritholtz Wealth Management raised its holdings in iShares Russell 2000 ETF by 7.7% in the 4th quarter. Ritholtz Wealth Management now owns 2,276 shares of the exchange traded fund’s stock worth $503,000 after acquiring an additional 162 shares during the last quarter. Pinnacle Wealth Management Advisory Group LLC lifted its position in iShares Russell 2000 ETF by 0.6% in the 4th quarter. Pinnacle Wealth Management Advisory Group LLC now owns 56,314 shares of the exchange traded fund’s stock valued at $12,443,000 after acquiring an additional 339 shares in the last quarter. Finally, Legacy Trust boosted its stake in iShares Russell 2000 ETF by 1.0% during the 4th quarter. Legacy Trust now owns 30,400 shares of the exchange traded fund’s stock valued at $6,717,000 after purchasing an additional 295 shares during the last quarter.

iShares Russell 2000 ETF Price Performance

IWM stock opened at $181.19 on Friday. iShares Russell 2000 ETF has a 1-year low of $176.67 and a 1-year high of $244.98. The stock has a market capitalization of $58.01 billion, a P/E ratio of 15.93 and a beta of 1.12. The business has a fifty day moving average price of $213.12 and a 200-day moving average price of $221.85.

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.