iShares Russell 2000 ETF (NYSEARCA:IWM) Shares Acquired by Pinnacle Wealth Management Group Inc.

Pinnacle Wealth Management Group Inc. boosted its position in iShares Russell 2000 ETF (NYSEARCA:IWM) by 2.8% in the fourth quarter, Holdings Channel.com reports. The firm owned 19,093 shares of the exchange traded fund’s stock after acquiring an additional 516 shares during the quarter. iShares Russell 2000 ETF makes up about 2.6% of Pinnacle Wealth Management Group Inc.’s holdings, making the stock its 13th largest position. Pinnacle Wealth Management Group Inc.’s holdings in iShares Russell 2000 ETF were worth $4,219,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in IWM. Legacy Investment Solutions LLC purchased a new stake in shares of iShares Russell 2000 ETF during the 3rd quarter worth approximately $25,000. Northwest Investment Counselors LLC purchased a new stake in iShares Russell 2000 ETF in the 3rd quarter valued at approximately $26,000. PSI Advisors LLC lifted its stake in iShares Russell 2000 ETF by 116.7% in the 3rd 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 in the last quarter. RPg Family Wealth Advisory LLC purchased a new position in iShares Russell 2000 ETF during the third quarter worth $31,000. Finally, Kieckhefer Group LLC purchased a new position in iShares Russell 2000 ETF in the 4th quarter valued at about $33,000.

iShares Russell 2000 ETF Stock Up 0.2 %

Shares of NYSEARCA:IWM opened at $217.25 on Tuesday. The business has a fifty day simple moving average of $230.76 and a 200-day simple moving average of $220.90. iShares Russell 2000 ETF has a 52 week low of $187.52 and a 52 week 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.