Nwam LLC Purchases New Position in iShares Russell 2000 ETF (NYSEARCA:IWM)

Nwam LLC bought a new stake in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 17,767 shares of the exchange traded fund’s stock, valued at approximately $3,925,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. 1832 Asset Management L.P. purchased a new position in shares of iShares Russell 2000 ETF during the first quarter valued at about $33,000. Gradient Investments LLC grew its stake in shares of iShares Russell 2000 ETF by 327.0% in the second quarter. Gradient Investments LLC now owns 2,831 shares of the exchange traded fund’s stock worth $574,000 after acquiring an additional 2,168 shares during the period. Great Lakes Advisors LLC raised its stake in iShares Russell 2000 ETF by 26.9% during the 2nd quarter. Great Lakes Advisors LLC now owns 74,740 shares of the exchange traded fund’s stock valued at $15,164,000 after buying an additional 15,864 shares during the last quarter. State of New Jersey Common Pension Fund D purchased a new position in iShares Russell 2000 ETF during the third quarter valued at $88,890,000. Finally, Farmers & Merchants Investments Inc. boosted its stake in shares of iShares Russell 2000 ETF by 2.1% in the third quarter. Farmers & Merchants Investments Inc. now owns 74,105 shares of the exchange traded fund’s stock worth $16,369,000 after acquiring an additional 1,512 shares during the period.

iShares Russell 2000 ETF Stock Up 1.0 %

IWM opened at $236.67 on Friday. The company has a fifty day moving average of $223.69 and a 200 day moving average of $213.96. iShares Russell 2000 ETF has a fifty-two week low of $177.20 and a fifty-two week high of $242.39.

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.