Red Cedar Investment Management LLC Purchases 56,146 Shares of iShares Russell 2000 ETF (NYSEARCA:IWM)

Red Cedar Investment Management LLC boosted its position in iShares Russell 2000 ETF (NYSEARCA:IWM) by 32.1% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 230,795 shares of the exchange traded fund’s stock after acquiring an additional 56,146 shares during the quarter. iShares Russell 2000 ETF makes up 6.4% of Red Cedar Investment Management LLC’s investment portfolio, making the stock its 4th biggest position. Red Cedar Investment Management LLC’s holdings in iShares Russell 2000 ETF were worth $50,997,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Chevy Chase Trust Holdings LLC raised its stake in shares of iShares Russell 2000 ETF by 2.7% in the 4th quarter. Chevy Chase Trust Holdings LLC now owns 6,244 shares of the exchange traded fund’s stock valued at $1,380,000 after purchasing an additional 164 shares in the last quarter. Campbell Wealth Management raised its stake in iShares Russell 2000 ETF by 12.6% during the fourth quarter. Campbell Wealth Management now owns 17,250 shares of the exchange traded fund’s stock worth $3,812,000 after acquiring an additional 1,925 shares during the period. Banque Pictet & Cie SA raised its stake in iShares Russell 2000 ETF by 30.1% during the fourth quarter. Banque Pictet & Cie SA now owns 75,373 shares of the exchange traded fund’s stock worth $16,654,000 after acquiring an additional 17,449 shares during the period. White Pine Capital LLC raised its stake in iShares Russell 2000 ETF by 2.0% during the fourth quarter. White Pine Capital LLC now owns 5,079 shares of the exchange traded fund’s stock worth $1,122,000 after acquiring an additional 99 shares during the period. Finally, Bright Futures Wealth Management LLC. raised its stake in iShares Russell 2000 ETF by 969.6% during the fourth quarter. Bright Futures Wealth Management LLC. now owns 11,038 shares of the exchange traded fund’s stock worth $2,497,000 after acquiring an additional 10,006 shares during the period.

iShares Russell 2000 ETF Trading Down 0.1 %

IWM opened at $225.97 on Friday. iShares Russell 2000 ETF has a fifty-two week low of $191.34 and a fifty-two week high of $244.98. The company’s 50-day moving average price is $226.07 and its 200 day moving average price is $223.12.

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.