Gilliland Jeter Wealth Management LLC Invests $602,000 in iShares Russell 2000 ETF (NYSEARCA:IWM)

Gilliland Jeter Wealth Management LLC acquired a new position in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 3,000 shares of the exchange traded fund’s stock, valued at approximately $602,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. BKM Wealth Management LLC purchased a new stake in iShares Russell 2000 ETF in the fourth quarter worth approximately $28,000. Tucker Asset Management LLC boosted its stake in shares of iShares Russell 2000 ETF by 326.8% during the third quarter. Tucker Asset Management LLC now owns 175 shares of the exchange traded fund’s stock valued at $31,000 after purchasing an additional 134 shares during the period. Arjuna Capital purchased a new stake in shares of iShares Russell 2000 ETF during the third quarter valued at approximately $34,000. Tradewinds Capital Management LLC purchased a new stake in shares of iShares Russell 2000 ETF during the fourth quarter valued at approximately $40,000. Finally, Legacy Financial Group LLC purchased a new stake in shares of iShares Russell 2000 ETF during the third quarter valued at approximately $36,000.

iShares Russell 2000 ETF Stock Performance

Shares of NYSEARCA:IWM traded up $1.88 during trading on Friday, reaching $198.36. 24,613,603 shares of the company traded hands, compared to its average volume of 32,692,924. iShares Russell 2000 ETF has a 52-week low of $161.67 and a 52-week high of $211.88. The business’s fifty day moving average is $202.47 and its 200-day moving average is $191.68.

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.