BankPlus Trust Department Buys New Stake in iShares Russell 2000 ETF (NYSEARCA:IWM)

BankPlus Trust Department purchased a new position in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) in the fourth quarter, Holdings Channel.com reports. The firm purchased 7,716 shares of the exchange traded fund’s stock, valued at approximately $1,705,000.

A number of other hedge funds have also made changes to their positions in IWM. Legacy Investment Solutions LLC acquired a new stake in iShares Russell 2000 ETF during the 3rd quarter worth approximately $25,000. Field & Main Bank purchased a new position in shares of iShares Russell 2000 ETF in the fourth quarter valued at $27,000. Insight Inv LLC acquired a new position in iShares Russell 2000 ETF during the fourth quarter worth about $30,000. RPg Family Wealth Advisory LLC purchased a new stake in iShares Russell 2000 ETF in the 3rd quarter valued at approximately $31,000. Finally, Financial Management Professionals Inc. acquired a new stake in shares of iShares Russell 2000 ETF during the fourth quarter valued at $32,000.

iShares Russell 2000 ETF Stock Down 2.9 %

Shares of IWM stock opened at $217.80 on Monday. The company has a 50 day moving average price of $224.64 and a 200 day moving average price of $223.77. iShares Russell 2000 ETF has a one year low of $191.34 and a one year high of $244.98.

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.