Carnegie Investment Counsel Grows Stock Holdings in iShares Russell 2000 ETF $IWM

Carnegie Investment Counsel raised its position in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 17.9% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 20,709 shares of the exchange traded fund’s stock after purchasing an additional 3,137 shares during the period. Carnegie Investment Counsel’s holdings in iShares Russell 2000 ETF were worth $5,098,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Investment Counsel Co. of Nevada purchased a new stake in iShares Russell 2000 ETF during the third quarter valued at about $26,000. Measured Wealth Private Client Group LLC purchased a new stake in iShares Russell 2000 ETF during the third quarter valued at about $28,000. Abich Financial Wealth Management LLC purchased a new stake in iShares Russell 2000 ETF during the third quarter valued at about $30,000. FWL Investment Management LLC raised its position in iShares Russell 2000 ETF by 340.0% during the third quarter. FWL Investment Management LLC now owns 132 shares of the exchange traded fund’s stock valued at $32,000 after purchasing an additional 102 shares in the last quarter. Finally, GGM Financials LLC purchased a new stake in iShares Russell 2000 ETF during the third quarter valued at about $35,000.

iShares Russell 2000 ETF Trading Down 0.3%

Shares of NYSEARCA:IWM opened at $261.30 on Friday. The stock’s 50-day moving average price is $256.21 and its 200-day moving average price is $251.69. iShares Russell 2000 ETF has a 12-month low of $178.58 and a 12-month high of $271.60. The stock has a market capitalization of $73.10 billion, a P/E ratio of 17.69 and a beta of 1.09.

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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.