Bright Futures Wealth Management LLC. Grows Position in iShares Russell 2000 ETF (NYSEARCA:IWM)

Bright Futures Wealth Management LLC. increased its position in iShares Russell 2000 ETF (NYSEARCA:IWM) by 969.6% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 11,038 shares of the exchange traded fund’s stock after purchasing an additional 10,006 shares during the quarter. iShares Russell 2000 ETF makes up about 2.2% of Bright Futures Wealth Management LLC.’s investment portfolio, making the stock its 13th largest holding. Bright Futures Wealth Management LLC.’s holdings in iShares Russell 2000 ETF were worth $2,497,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in IWM. Legacy Investment Solutions LLC purchased a new position in shares of iShares Russell 2000 ETF in the 3rd quarter valued at approximately $25,000. Northwest Investment Counselors LLC purchased a new position in iShares Russell 2000 ETF during the third quarter valued at $26,000. PSI Advisors LLC raised its stake in iShares Russell 2000 ETF by 116.7% during the third quarter. PSI Advisors LLC now owns 117 shares of the exchange traded fund’s stock valued at $26,000 after buying an additional 63 shares during the last quarter. Field & Main Bank purchased a new position in iShares Russell 2000 ETF during the fourth quarter valued at $27,000. Finally, Insight Inv LLC purchased a new position in iShares Russell 2000 ETF during the fourth quarter valued at $30,000.

iShares Russell 2000 ETF Price Performance

iShares Russell 2000 ETF stock opened at $226.14 on Friday. The stock has a fifty day simple moving average of $226.30 and a two-hundred day simple moving average of $223.10. iShares Russell 2000 ETF has a 12 month low of $191.34 and a 12 month high of $244.98.

iShares Russell 2000 ETF Company 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.