Sigma Investment Counselors Inc. Boosts Stock Position in iShares Russell 2000 ETF (NYSEARCA:IWM)

Sigma Investment Counselors Inc. grew its stake in shares of iShares Russell 2000 ETF (NYSEARCA:IWMGet Rating) by 8.4% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 69,360 shares of the exchange traded fund’s stock after acquiring an additional 5,398 shares during the period. iShares Russell 2000 ETF accounts for approximately 1.0% of Sigma Investment Counselors Inc.’s portfolio, making the stock its 25th largest holding. Sigma Investment Counselors Inc.’s holdings in iShares Russell 2000 ETF were worth $11,747,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in IWM. Peoples Financial Services CORP. purchased a new stake in shares of iShares Russell 2000 ETF in the first quarter worth $34,000. Banco de Sabadell S.A purchased a new stake in shares of iShares Russell 2000 ETF in the first quarter worth $34,000. Nauset Wealth Management. LLC purchased a new stake in shares of iShares Russell 2000 ETF in the first quarter worth $35,000. Hardy Reed LLC purchased a new stake in shares of iShares Russell 2000 ETF in the first quarter worth $39,000. Finally, Selective Wealth Management Inc. purchased a new stake in shares of iShares Russell 2000 ETF in the first quarter worth $44,000.

iShares Russell 2000 ETF Trading Down 3.1 %

Shares of IWM stock traded down $5.32 on Friday, reaching $166.07. The company’s stock had a trading volume of 2,190,176 shares, compared to its average volume of 24,253,548. iShares Russell 2000 ETF has a 12-month low of $162.78 and a 12-month high of $244.46. The stock’s 50 day simple moving average is $186.09 and its 200-day simple moving average is $186.59.

About iShares Russell 2000 ETF

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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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