Redwood Investment Management LLC Invests $142.77 Million in iShares Russell 2000 ETF (NYSEARCA:IWM)

Redwood Investment Management LLC bought a new position in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 647,993 shares of the exchange traded fund’s stock, valued at approximately $142,774,000. iShares Russell 2000 ETF comprises 12.7% of Redwood Investment Management LLC’s investment portfolio, making the stock its largest position.

Several other large investors also recently made changes to their positions in IWM. Northwest Investment Counselors LLC acquired a new position in shares of iShares Russell 2000 ETF during the third quarter valued at $26,000. PSI Advisors LLC lifted its stake in iShares Russell 2000 ETF by 116.7% in the third 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 during the period. RPg Family Wealth Advisory LLC acquired a new position in iShares Russell 2000 ETF in the third quarter valued at about $31,000. Centerpoint Advisors LLC lifted its stake in iShares Russell 2000 ETF by 625.0% in the second 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 during the period. Finally, Cordant Inc. acquired a new position in iShares Russell 2000 ETF in the second quarter valued at about $30,000.

iShares Russell 2000 ETF Stock Performance

Shares of iShares Russell 2000 ETF stock opened at $240.89 on Thursday. iShares Russell 2000 ETF has a 1 year low of $183.39 and a 1 year high of $244.98. The business has a 50-day moving average of $227.48 and a two-hundred day moving average of $216.21.

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.