BluePointe Capital Management LLC Grows Position in iShares Russell 2000 ETF (NYSEARCA:IWM)

BluePointe Capital Management LLC raised its holdings in iShares Russell 2000 ETF (NYSEARCA:IWM) by 1.4% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 11,075 shares of the exchange traded fund’s stock after acquiring an additional 149 shares during the quarter. iShares Russell 2000 ETF accounts for approximately 1.6% of BluePointe Capital Management LLC’s investment portfolio, making the stock its 18th largest holding. BluePointe Capital Management LLC’s holdings in iShares Russell 2000 ETF were worth $2,446,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of IWM. Northwest Investment Counselors LLC purchased a new stake in shares of iShares Russell 2000 ETF in the 3rd quarter valued at about $26,000. PSI Advisors LLC raised its holdings in shares of iShares Russell 2000 ETF by 116.7% during the 3rd quarter. PSI Advisors LLC now owns 117 shares of the exchange traded fund’s stock valued at $26,000 after buying an additional 63 shares in the last quarter. Centerpoint Advisors LLC raised its holdings in shares of 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 valued at $29,000 after buying an additional 125 shares in the last quarter. Cordant Inc. purchased a new position in shares of iShares Russell 2000 ETF during the 2nd quarter valued at about $30,000. Finally, Atlanta Consulting Group Advisors LLC purchased a new position in shares of iShares Russell 2000 ETF during the 1st quarter valued at about $32,000.

iShares Russell 2000 ETF Price Performance

Shares of NYSEARCA IWM opened at $231.97 on Friday. iShares Russell 2000 ETF has a 1-year low of $175.15 and a 1-year high of $242.39. The stock’s 50-day moving average is $221.12 and its 200 day moving average is $212.72.

iShares Russell 2000 ETF Company 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.