Exchange Capital Management Inc. Makes New $206,000 Investment in iShares Russell 2000 ETF (NYSEARCA:IWM)

Exchange Capital Management Inc. acquired a new position in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 979 shares of the exchange traded fund’s stock, valued at approximately $206,000.

Several other institutional investors have also recently bought and sold shares of IWM. BKM Wealth Management LLC acquired a new position in iShares Russell 2000 ETF during the fourth quarter worth $28,000. Ables Iannone Moore & Associates Inc. purchased a new stake in shares of iShares Russell 2000 ETF in the fourth quarter valued at about $29,000. Scarborough Advisors LLC bought a new position in shares of iShares Russell 2000 ETF during the fourth quarter valued at about $29,000. Tucker Asset Management LLC lifted its position 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 in the last quarter. Finally, VitalStone Financial LLC lifted its position in shares of iShares Russell 2000 ETF by 119.8% during the fourth quarter. VitalStone Financial LLC now owns 178 shares of the exchange traded fund’s stock valued at $36,000 after purchasing an additional 97 shares in the last quarter.

iShares Russell 2000 ETF Price Performance

IWM opened at $201.88 on Wednesday. The company’s 50-day moving average is $202.67 and its 200 day moving average is $200.85. iShares Russell 2000 ETF has a fifty-two week low of $161.67 and a fifty-two week high of $211.88.

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.