Novem Group Raises Stock Holdings in iShares Russell 2000 ETF $IWM

Novem Group boosted its stake in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 26.6% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 22,178 shares of the exchange traded fund’s stock after buying an additional 4,663 shares during the quarter. Novem Group’s holdings in iShares Russell 2000 ETF were worth $4,786,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Brighton Jones LLC increased its holdings in iShares Russell 2000 ETF by 2.6% in the 4th quarter. Brighton Jones LLC now owns 87,732 shares of the exchange traded fund’s stock valued at $19,385,000 after purchasing an additional 2,221 shares during the last quarter. Revolve Wealth Partners LLC boosted its position in shares of iShares Russell 2000 ETF by 13.2% during the fourth quarter. Revolve Wealth Partners LLC now owns 12,233 shares of the exchange traded fund’s stock worth $2,703,000 after buying an additional 1,431 shares during the period. Nuveen Asset Management LLC boosted its position in shares of iShares Russell 2000 ETF by 66.9% during the fourth quarter. Nuveen Asset Management LLC now owns 10,980 shares of the exchange traded fund’s stock worth $2,426,000 after buying an additional 4,400 shares during the period. GTS Securities LLC grew its stake in shares of iShares Russell 2000 ETF by 100.6% in the fourth quarter. GTS Securities LLC now owns 1,582 shares of the exchange traded fund’s stock valued at $350,000 after buying an additional 259,649 shares in the last quarter. Finally, NorthCrest Asset Manangement LLC grew its stake in shares of iShares Russell 2000 ETF by 6.7% in the fourth quarter. NorthCrest Asset Manangement LLC now owns 4,331 shares of the exchange traded fund’s stock valued at $957,000 after buying an additional 271 shares in the last quarter.

iShares Russell 2000 ETF Trading Down 1.0%

IWM stock opened at $239.29 on Friday. The business’s fifty day moving average price is $230.70 and its 200 day moving average price is $213.18. iShares Russell 2000 ETF has a 12-month low of $171.73 and a 12-month high of $247.18. The company has a market capitalization of $68.44 billion, a PE ratio of 17.69 and a beta of 1.15.

iShares Russell 2000 ETF 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.