Synergy Asset Management LLC Buys Shares of 397 iShares Russell 2000 ETF (NYSEARCA:IWM)

Synergy Asset Management LLC purchased a new position in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) in the 4th quarter, Holdings Channel reports. The firm purchased 397 shares of the exchange traded fund’s stock, valued at approximately $88,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Legacy Trust boosted its holdings in iShares Russell 2000 ETF by 1.0% during the fourth quarter. Legacy Trust now owns 30,400 shares of the exchange traded fund’s stock worth $6,717,000 after purchasing an additional 295 shares during the last quarter. Gries Financial LLC increased its stake in iShares Russell 2000 ETF by 3.7% in the 4th quarter. Gries Financial LLC now owns 23,300 shares of the exchange traded fund’s stock valued at $5,148,000 after buying an additional 834 shares during the last quarter. Milestone Asset Management LLC lifted its position in iShares Russell 2000 ETF by 256.3% during the 4th quarter. Milestone Asset Management LLC now owns 3,613 shares of the exchange traded fund’s stock worth $798,000 after buying an additional 2,599 shares in the last quarter. Baader Bank Aktiengesellschaft acquired a new position in shares of iShares Russell 2000 ETF during the 4th quarter worth about $2,066,000. Finally, Orrstown Financial Services Inc. bought a new position in shares of iShares Russell 2000 ETF in the 4th quarter valued at about $360,000.

iShares Russell 2000 ETF Stock Up 1.0 %

NYSEARCA:IWM opened at $228.53 on Friday. The stock’s 50-day simple moving average is $229.03 and its 200 day simple moving average is $222.67. iShares Russell 2000 ETF has a 52-week low of $190.06 and a 52-week high of $244.98.

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.