Royal Fund Management LLC Invests $36,000 in iShares Russell 2000 ETF (NYSEARCA:IWM)

Royal Fund Management LLC purchased a new position in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) in the first quarter, HoldingsChannel reports. The institutional investor purchased 317 shares of the exchange traded fund’s stock, valued at approximately $36,000.

Several other hedge funds have also modified their holdings of the company. CXI Advisors acquired a new position in shares of iShares Russell 2000 ETF in the fourth quarter valued at $26,000. LWS Wealth Advisors Inc. acquired a new position in shares of iShares Russell 2000 ETF in the fourth quarter valued at $30,000. Tobias Financial Advisors Inc. acquired a new position in shares of iShares Russell 2000 ETF in the fourth quarter valued at $30,000. Woodard & Co. Asset Management Group Inc. ADV acquired a new position in shares of iShares Russell 2000 ETF in the fourth quarter valued at $33,000. Finally, NuWave Investment Management LLC raised its stake in shares of iShares Russell 2000 ETF by 20,300.0% in the fourth quarter. NuWave Investment Management LLC now owns 204 shares of the exchange traded fund’s stock valued at $34,000 after purchasing an additional 203 shares in the last quarter.

Shares of NYSEARCA IWM opened at $134.89 on Friday. The business has a fifty day simple moving average of $122.88 and a 200 day simple moving average of $146.91. iShares Russell 2000 ETF has a one year low of $95.69 and a one year high of $170.56.

iShares Russell 2000 ETF Company 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.

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

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