Proficio Capital Partners LLC Buys New Holdings in iShares Russell 2000 ETF (NYSEARCA:IWM)

Proficio Capital Partners LLC bought a new stake in iShares Russell 2000 ETF (NYSEARCA:IWM) in the fourth quarter, Holdings Channel reports. The institutional investor bought 170,490 shares of the exchange traded fund’s stock, valued at approximately $37,671,000.

A number of other large investors have also modified their holdings of IWM. JPMorgan Chase & Co. raised its stake in iShares Russell 2000 ETF by 50.5% during the third quarter. JPMorgan Chase & Co. now owns 4,313,404 shares of the exchange traded fund’s stock worth $952,788,000 after acquiring an additional 1,446,443 shares in the last quarter. Strategic Financial Concepts LLC raised its stake in iShares Russell 2000 ETF by 21,916.2% during the fourth quarter. Strategic Financial Concepts LLC now owns 737,763 shares of the exchange traded fund’s stock worth $163,016,000 after acquiring an additional 734,412 shares in the last quarter. Redwood Investment Management LLC acquired a new position in iShares Russell 2000 ETF during the third quarter worth $142,774,000. Cibc World Market Inc. raised its stake in iShares Russell 2000 ETF by 18.1% during the fourth quarter. Cibc World Market Inc. now owns 2,868,379 shares of the exchange traded fund’s stock worth $633,797,000 after acquiring an additional 440,218 shares in the last quarter. Finally, Brookstone Capital Management raised its stake in iShares Russell 2000 ETF by 3,859.8% during the fourth quarter. Brookstone Capital Management now owns 443,492 shares of the exchange traded fund’s stock worth $97,994,000 after acquiring an additional 432,292 shares in the last quarter.

iShares Russell 2000 ETF Price Performance

iShares Russell 2000 ETF stock opened at $198.10 on Friday. The stock has a fifty day moving average price of $220.28 and a two-hundred day moving average price of $223.27. iShares Russell 2000 ETF has a 52-week low of $191.34 and a 52-week high of $244.98. The firm has a market capitalization of $63.45 billion, a P/E ratio of 16.97 and a beta of 1.17.

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.