Hansen & Associates Financial Group Inc. Invests $7.75 Million in iShares Russell 2000 ETF (NYSEARCA:IWM)

Hansen & Associates Financial Group Inc. purchased a new stake in iShares Russell 2000 ETF (NYSEARCA:IWM) in the 4th quarter, Holdings Channel.com reports. The institutional investor purchased 34,860 shares of the exchange traded fund’s stock, valued at approximately $7,752,000. iShares Russell 2000 ETF accounts for 4.0% of Hansen & Associates Financial Group Inc.’s holdings, making the stock its 5th largest holding.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Legacy Investment Solutions LLC bought a new position in shares of iShares Russell 2000 ETF during the third quarter worth approximately $25,000. Northwest Investment Counselors LLC acquired a new stake in iShares Russell 2000 ETF during the third quarter worth approximately $26,000. PSI Advisors LLC increased its stake in 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 worth $26,000 after acquiring an additional 63 shares during the period. Field & Main Bank acquired a new position in iShares Russell 2000 ETF in the 4th quarter valued at $27,000. Finally, Insight Inv LLC bought a new stake in shares of iShares Russell 2000 ETF during the 4th quarter valued at $30,000.

iShares Russell 2000 ETF Price Performance

IWM opened at $228.53 on Friday. iShares Russell 2000 ETF has a 52-week low of $190.06 and a 52-week high of $244.98. The business’s fifty day moving average is $229.03 and its 200-day moving average is $222.67.

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.