Strategic Wealth Investment Group LLC Invests $16.12 Million in iShares Russell 2000 ETF (NYSEARCA:IWM)

Strategic Wealth Investment Group LLC purchased a new stake in iShares Russell 2000 ETF (NYSEARCA:IWM) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 72,958 shares of the exchange traded fund’s stock, valued at approximately $16,121,000. iShares Russell 2000 ETF accounts for approximately 1.6% of Strategic Wealth Investment Group LLC’s portfolio, making the stock its 17th biggest position.

A number of other hedge funds have also recently added to or reduced their stakes in the company. AQR Capital Management LLC grew its stake in iShares Russell 2000 ETF by 78.9% during the 2nd quarter. AQR Capital Management LLC now owns 7,333 shares of the exchange traded fund’s stock valued at $1,488,000 after acquiring an additional 3,234 shares in the last quarter. The Manufacturers Life Insurance Company boosted its holdings in iShares Russell 2000 ETF by 1.1% in the second quarter. The Manufacturers Life Insurance Company now owns 6,645 shares of the exchange traded fund’s stock valued at $1,348,000 after purchasing an additional 75 shares during the period. Mackenzie Financial Corp grew its holdings in iShares Russell 2000 ETF by 9.1% during the 2nd quarter. Mackenzie Financial Corp now owns 104,931 shares of the exchange traded fund’s stock worth $21,289,000 after acquiring an additional 8,732 shares in the last quarter. Ascent Group LLC acquired a new position in shares of iShares Russell 2000 ETF during the 2nd quarter worth about $249,000. Finally, Algert Global LLC acquired a new position in iShares Russell 2000 ETF in the second quarter valued at approximately $2,036,000.

iShares Russell 2000 ETF Trading Down 1.0 %

IWM stock opened at $226.50 on Tuesday. iShares Russell 2000 ETF has a 12 month low of $190.06 and a 12 month high of $244.98. The company has a fifty day moving average price of $229.25 and a 200 day moving average price of $222.44.

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.