Beacon Investment Advisory Services Inc. Has $3.46 Million Stake in iShares Russell 2000 ETF (NYSEARCA:IWM)

Beacon Investment Advisory Services Inc. raised its holdings in iShares Russell 2000 ETF (NYSEARCA:IWMGet Rating) by 1.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 15,530 shares of the exchange traded fund’s stock after acquiring an additional 235 shares during the period. Beacon Investment Advisory Services Inc.’s holdings in iShares Russell 2000 ETF were worth $3,455,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also bought and sold shares of IWM. Van Hulzen Asset Management LLC bought a new stake in shares of iShares Russell 2000 ETF in the fourth quarter valued at about $282,000. VeraBank N.A. lifted its holdings in shares of iShares Russell 2000 ETF by 37.5% in the fourth quarter. VeraBank N.A. now owns 4,563 shares of the exchange traded fund’s stock valued at $1,015,000 after purchasing an additional 1,245 shares in the last quarter. RNC Capital Management LLC bought a new stake in shares of iShares Russell 2000 ETF in the fourth quarter valued at about $2,275,000. Southern Capital Advisors LLC bought a new stake in shares of iShares Russell 2000 ETF in the fourth quarter valued at about $482,000. Finally, Mercer Global Advisors Inc. ADV lifted its holdings in shares of iShares Russell 2000 ETF by 8.3% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 57,914 shares of the exchange traded fund’s stock valued at $12,883,000 after purchasing an additional 4,463 shares in the last quarter.

IWM traded up $4.02 on Tuesday, hitting $201.64. 1,522,658 shares of the company were exchanged, compared to its average volume of 35,928,754. iShares Russell 2000 ETF has a 12 month low of $187.92 and a 12 month high of $244.46. The stock’s fifty day moving average is $201.67 and its 200-day moving average is $213.85.

iShares Russell 2000 ETF Profile (Get Rating)

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.

Further Reading

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Institutional Ownership by Quarter for iShares Russell 2000 ETF (NYSEARCA:IWM)

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