Channel Wealth LLC Raises Stock Position in iShares Russell 2000 ETF (NYSEARCA:IWM)

Channel Wealth LLC boosted its position in iShares Russell 2000 ETF (NYSEARCA:IWM) by 23.8% during the 4th quarter, Holdings Channel reports. The fund owned 22,612 shares of the exchange traded fund’s stock after acquiring an additional 4,343 shares during the quarter. iShares Russell 2000 ETF makes up 1.6% of Channel Wealth LLC’s portfolio, making the stock its 16th biggest holding. Channel Wealth LLC’s holdings in iShares Russell 2000 ETF were worth $4,996,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the company. Empirical Asset Management LLC raised its holdings in iShares Russell 2000 ETF by 5.0% in the fourth quarter. Empirical Asset Management LLC now owns 8,498 shares of the exchange traded fund’s stock valued at $1,878,000 after acquiring an additional 402 shares in the last quarter. Cvfg LLC acquired a new stake in iShares Russell 2000 ETF in the fourth quarter valued at approximately $817,000. Bennett Associates Wealth Management raised its holdings in iShares Russell 2000 ETF by 6.5% during the fourth quarter. Bennett Associates Wealth Management now owns 19,889 shares of the exchange traded fund’s stock worth $4,395,000 after purchasing an additional 1,209 shares in the last quarter. Cypress Wealth Services LLC raised its holdings in iShares Russell 2000 ETF by 7.6% during the fourth quarter. Cypress Wealth Services LLC now owns 1,296 shares of the exchange traded fund’s stock worth $286,000 after purchasing an additional 91 shares in the last quarter. Finally, Ritholtz Wealth Management raised its holdings in iShares Russell 2000 ETF by 7.7% during the fourth quarter. Ritholtz Wealth Management now owns 2,276 shares of the exchange traded fund’s stock worth $503,000 after purchasing an additional 162 shares in the last quarter.

iShares Russell 2000 ETF Price Performance

IWM stock opened at $224.49 on Friday. iShares Russell 2000 ETF has a twelve month low of $187.52 and a twelve month high of $244.98. The company’s 50 day moving average is $230.41 and its two-hundred day moving average is $221.04.

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.