Pines Wealth Management LLC Acquires New Position in iShares Russell 2000 ETF (NYSEARCA:IWM)

Pines Wealth Management LLC bought a new position in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 12,907 shares of the exchange traded fund’s stock, valued at approximately $2,799,000. iShares Russell 2000 ETF accounts for 1.2% of Pines Wealth Management LLC’s portfolio, making the stock its 19th largest holding.

Other institutional investors have also recently bought and sold shares of the company. Legacy Investment Solutions LLC bought a new position in iShares Russell 2000 ETF during the 3rd quarter worth approximately $25,000. Northwest Investment Counselors LLC acquired a new stake in iShares Russell 2000 ETF in the third quarter worth $26,000. PSI Advisors LLC raised its holdings in iShares Russell 2000 ETF by 116.7% in the third quarter. PSI Advisors LLC now owns 117 shares of the exchange traded fund’s stock worth $26,000 after purchasing an additional 63 shares during the period. RPg Family Wealth Advisory LLC bought a new position in shares of iShares Russell 2000 ETF during the third quarter worth $31,000. Finally, Kieckhefer Group LLC bought a new stake in shares of iShares Russell 2000 ETF in the 4th quarter valued at $33,000.

iShares Russell 2000 ETF Trading Up 1.1 %

IWM stock opened at $219.72 on Wednesday. iShares Russell 2000 ETF has a 1-year low of $187.52 and a 1-year high of $244.98. The business’s 50-day moving average price is $230.67 and its two-hundred day moving average price is $221.02.

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.