GEM Asset Management LLC Buys 564 Shares of iShares Russell 2000 ETF (NYSEARCA:IWM)

GEM Asset Management LLC grew its stake in iShares Russell 2000 ETF (NYSEARCA:IWM) by 6.5% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 9,308 shares of the exchange traded fund’s stock after acquiring an additional 564 shares during the quarter. iShares Russell 2000 ETF accounts for 1.2% of GEM Asset Management LLC’s holdings, making the stock its 22nd biggest position. GEM Asset Management LLC’s holdings in iShares Russell 2000 ETF were worth $2,024,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently modified their holdings of IWM. Ables Iannone Moore & Associates Inc. bought a new stake in iShares Russell 2000 ETF during the 4th quarter worth approximately $29,000. Centerpoint Advisors LLC increased its stake in iShares Russell 2000 ETF by 625.0% during the 2nd quarter. Centerpoint Advisors LLC now owns 145 shares of the exchange traded fund’s stock worth $29,000 after purchasing an additional 125 shares in the last quarter. Scarborough Advisors LLC bought a new stake in iShares Russell 2000 ETF during the 4th quarter worth approximately $29,000. Cordant Inc. bought a new stake in iShares Russell 2000 ETF during the 2nd quarter worth approximately $30,000. Finally, Atlanta Consulting Group Advisors LLC bought a new stake in iShares Russell 2000 ETF during the 1st quarter worth approximately $32,000.

iShares Russell 2000 ETF Price Performance

NYSEARCA IWM traded down $1.39 during trading hours on Thursday, reaching $216.67. 14,136,474 shares of the company’s stock were exchanged, compared to its average volume of 32,838,465. The company’s 50-day moving average is $214.59 and its two-hundred day moving average is $208.53. iShares Russell 2000 ETF has a one year low of $161.67 and a one year high of $228.63.

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.