Gallacher Capital Management LLC Makes New $227,000 Investment in iShares Russell 2000 ETF (NYSEARCA:IWM)

Gallacher Capital Management LLC purchased a new position in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) during the 1st quarter, Holdings Channel reports. The fund purchased 1,077 shares of the exchange traded fund’s stock, valued at approximately $227,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Rafferty Asset Management LLC raised its holdings in shares of iShares Russell 2000 ETF by 84.1% in the 4th 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 purchasing an additional 3,921,131 shares during the period. Jones Financial Companies Lllp raised its holdings in shares of iShares Russell 2000 ETF by 3.2% in the 4th quarter. Jones Financial Companies Lllp now owns 7,332,475 shares of the exchange traded fund’s stock valued at $1,471,701,000 after purchasing an additional 225,483 shares during the period. International Assets Investment Management LLC raised its holdings in shares of iShares Russell 2000 ETF by 20,707.4% in the 4th quarter. International Assets Investment Management LLC now owns 4,469,230 shares of the exchange traded fund’s stock valued at $897,019,000 after purchasing an additional 4,447,751 shares during the period. Granite Bay Wealth Management LLC raised its holdings in shares of iShares Russell 2000 ETF by 1,331.4% in the 4th quarter. Granite Bay Wealth Management LLC now owns 3,899,062 shares of the exchange traded fund’s stock valued at $782,581,000 after purchasing an additional 3,626,670 shares during the period. Finally, Northern Trust Corp raised its holdings in shares of iShares Russell 2000 ETF by 2.5% in the 4th quarter. Northern Trust Corp now owns 3,801,786 shares of the exchange traded fund’s stock valued at $763,056,000 after purchasing an additional 94,226 shares during the period.

iShares Russell 2000 ETF Stock Up 1.2 %

IWM traded up $2.61 on Friday, reaching $213.29. The company had a trading volume of 32,293,772 shares, compared to its average volume of 33,063,297. iShares Russell 2000 ETF has a fifty-two week low of $161.67 and a fifty-two week high of $214.94. The company’s fifty day moving average is $203.49 and its 200 day moving average is $201.06.

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.