IMG Wealth Management Inc. Purchases Shares of 195 iShares Russell 2000 ETF (NYSEARCA:IWM)

IMG Wealth Management Inc. purchased a new stake in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 195 shares of the exchange traded fund’s stock, valued at approximately $43,000.

Other institutional investors have also bought and sold shares of the company. GWN Securities Inc. bought a new position in shares of iShares Russell 2000 ETF during the 4th quarter worth about $1,578,000. Gallacher Capital Management LLC bought a new position in shares of iShares Russell 2000 ETF during the 4th quarter worth about $317,000. Patten & Patten Inc. TN boosted its position in shares of iShares Russell 2000 ETF by 25.3% during the 4th quarter. Patten & Patten Inc. TN now owns 17,898 shares of the exchange traded fund’s stock worth $3,955,000 after purchasing an additional 3,614 shares in the last quarter. Collaborative Wealth Managment Inc. boosted its position in shares of iShares Russell 2000 ETF by 59.8% during the 4th quarter. Collaborative Wealth Managment Inc. now owns 2,049 shares of the exchange traded fund’s stock worth $453,000 after purchasing an additional 767 shares in the last quarter. Finally, Harbour Investments Inc. boosted its position in shares of iShares Russell 2000 ETF by 15.1% during the 4th quarter. Harbour Investments Inc. now owns 18,469 shares of the exchange traded fund’s stock worth $4,081,000 after purchasing an additional 2,423 shares in the last quarter.

iShares Russell 2000 ETF Price Performance

IWM stock opened at $205.45 on Tuesday. The stock has a market capitalization of $66.40 billion, a PE ratio of 16.20 and a beta of 1.19. The company’s 50-day moving average is $219.46 and its 200-day moving average is $223.12. iShares Russell 2000 ETF has a 1 year low of $191.34 and a 1 year 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.