Magnus Financial Group LLC Purchases 365 Shares of iShares Russell 2000 ETF (NYSEARCA:IWM)

Magnus Financial Group LLC boosted its stake in shares of iShares Russell 2000 ETF (NYSEARCA:IWMGet Rating) by 10.3% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,902 shares of the exchange traded fund’s stock after buying an additional 365 shares during the quarter. Magnus Financial Group LLC’s holdings in iShares Russell 2000 ETF were worth $868,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in IWM. Wellington Shields Capital Management LLC grew its position in iShares Russell 2000 ETF by 1.8% during the 3rd quarter. Wellington Shields Capital Management LLC now owns 2,892 shares of the exchange traded fund’s stock worth $633,000 after purchasing an additional 52 shares during the last quarter. Financial Management Network Inc. grew its holdings in shares of iShares Russell 2000 ETF by 1.6% in the fourth quarter. Financial Management Network Inc. now owns 3,324 shares of the exchange traded fund’s stock valued at $748,000 after purchasing an additional 53 shares during the period. Gradient Capital Advisors LLC boosted its stake in iShares Russell 2000 ETF by 3.8% during the fourth quarter. Gradient Capital Advisors LLC now owns 1,454 shares of the exchange traded fund’s stock worth $323,000 after buying an additional 53 shares during the period. MV Capital Management Inc. boosted its stake in iShares Russell 2000 ETF by 1.0% during the fourth quarter. MV Capital Management Inc. now owns 5,276 shares of the exchange traded fund’s stock worth $1,174,000 after buying an additional 54 shares during the period. Finally, HM Payson & Co. lifted its position in shares of iShares Russell 2000 ETF by 0.3% during the fourth quarter. HM Payson & Co. now owns 20,050 shares of the exchange traded fund’s stock worth $4,460,000 after purchasing an additional 55 shares in the last quarter.

NYSEARCA:IWM traded up $5.47 during midday trading on Friday, reaching $178.07. The stock had a trading volume of 36,517,011 shares, compared to its average volume of 35,904,392. iShares Russell 2000 ETF has a 12-month low of $168.90 and a 12-month high of $244.46. The firm has a fifty day simple moving average of $196.28 and a two-hundred day simple moving average of $209.04.

iShares Russell 2000 ETF Profile (Get Rating)

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.

Further Reading

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Institutional Ownership by Quarter for iShares Russell 2000 ETF (NYSEARCA:IWM)

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