Retirement Investment Advisors Inc. Invests $484,000 in iShares Russell 2000 ETF (NYSEARCA:IWM)

Retirement Investment Advisors Inc. purchased a new position in iShares Russell 2000 ETF (NYSEARCA:IWM) during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 2,384 shares of the exchange traded fund’s stock, valued at approximately $484,000.

Other hedge funds have also recently bought and sold shares of the company. Rafferty Asset Management LLC increased its position in shares of iShares Russell 2000 ETF by 84.1% in the fourth quarter. Rafferty Asset Management LLC now owns 8,584,687 shares of the exchange traded fund’s stock valued at $1,723,033,000 after buying an additional 3,921,131 shares in the last quarter. Natixis acquired a new stake in iShares Russell 2000 ETF in the 1st quarter valued at about $441,651,000. JPMorgan Chase & Co. increased its holdings in iShares Russell 2000 ETF by 44.7% during the 1st quarter. JPMorgan Chase & Co. now owns 6,009,724 shares of the exchange traded fund’s stock valued at $1,263,845,000 after acquiring an additional 1,856,738 shares in the last quarter. Pathstone Holdings LLC acquired a new position in iShares Russell 2000 ETF during the fourth quarter worth about $184,171,000. Finally, Strategic Financial Concepts LLC raised its position in iShares Russell 2000 ETF by 22,639.6% during the second quarter. Strategic Financial Concepts LLC now owns 736,990 shares of the exchange traded fund’s stock worth $1,495,000 after acquiring an additional 733,749 shares during the last quarter.

iShares Russell 2000 ETF Trading Up 2.1 %

IWM stock opened at $223.97 on Friday. The company’s 50 day simple moving average is $215.01 and its 200-day simple moving average is $207.12. iShares Russell 2000 ETF has a 12 month low of $161.67 and a 12 month high of $228.63.

About iShares Russell 2000 ETF

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.