Advisors Management Group Inc. ADV Increases Stake in iShares Russell 2000 ETF (NYSEARCA:IWM)

Advisors Management Group Inc. ADV boosted its stake in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 2.1% during the 4th quarter, Holdings Channel reports. The firm owned 30,236 shares of the exchange traded fund’s stock after acquiring an additional 632 shares during the quarter. iShares Russell 2000 ETF comprises approximately 1.6% of Advisors Management Group Inc. ADV’s investment portfolio, making the stock its 20th largest position. Advisors Management Group Inc. ADV’s holdings in iShares Russell 2000 ETF were worth $6,681,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also bought and sold shares of the company. Rockingstone Advisors LLC grew its stake in iShares Russell 2000 ETF by 4.0% during the 4th quarter. Rockingstone Advisors LLC now owns 21,839 shares of the exchange traded fund’s stock valued at $4,826,000 after purchasing an additional 835 shares during the last quarter. Apella Capital LLC lifted its holdings in shares of iShares Russell 2000 ETF by 7.1% during the fourth quarter. Apella Capital LLC now owns 10,476 shares of the exchange traded fund’s stock worth $2,315,000 after purchasing an additional 690 shares during the period. Founders Grove Wealth Partners LLC purchased a new stake in iShares Russell 2000 ETF in the fourth quarter valued at approximately $2,327,000. Laurel Wealth Advisors LLC boosted its position in iShares Russell 2000 ETF by 4.4% in the fourth quarter. Laurel Wealth Advisors LLC now owns 13,200 shares of the exchange traded fund’s stock valued at $2,916,000 after buying an additional 558 shares during the last quarter. Finally, Ayalon Insurance Comp Ltd. increased its holdings in iShares Russell 2000 ETF by 52.9% in the 4th quarter. Ayalon Insurance Comp Ltd. now owns 9,188 shares of the exchange traded fund’s stock worth $2,030,000 after buying an additional 3,180 shares during the period.

iShares Russell 2000 ETF Price Performance

IWM opened at $224.04 on Thursday. The firm has a 50 day moving average of $230.67 and a two-hundred day moving average of $221.02. iShares Russell 2000 ETF has a 12-month low of $187.52 and a 12-month high of $244.98.

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.