Bedel Financial Consulting Inc. Increases Stock Position in iShares Russell 2000 ETF (NYSEARCA:IWM)

Bedel Financial Consulting Inc. increased its stake in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 11.7% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 13,655 shares of the exchange traded fund’s stock after purchasing an additional 1,431 shares during the period. Bedel Financial Consulting Inc.’s holdings in iShares Russell 2000 ETF were worth $3,132,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Newbridge Financial Services Group Inc. purchased a new stake in iShares Russell 2000 ETF during the 4th quarter valued at $505,000. Ritholtz Wealth Management increased its position in iShares Russell 2000 ETF by 7.7% during the fourth quarter. Ritholtz Wealth Management now owns 2,276 shares of the exchange traded fund’s stock valued at $503,000 after acquiring an additional 162 shares during the last quarter. Pinnacle Wealth Management Advisory Group LLC lifted its holdings in iShares Russell 2000 ETF by 0.6% in the fourth quarter. Pinnacle Wealth Management Advisory Group LLC now owns 56,314 shares of the exchange traded fund’s stock valued at $12,443,000 after acquiring an additional 339 shares during the period. Legacy Trust increased its position in shares of iShares Russell 2000 ETF by 1.0% during the 4th quarter. Legacy Trust now owns 30,400 shares of the exchange traded fund’s stock valued at $6,717,000 after purchasing an additional 295 shares during the last quarter. Finally, Aurelius Family Office LLC purchased a new position in shares of iShares Russell 2000 ETF in the fourth quarter worth approximately $1,244,000.

iShares Russell 2000 ETF Trading Down 2.7 %

Shares of NYSEARCA IWM opened at $208.78 on Tuesday. iShares Russell 2000 ETF has a 12-month low of $191.34 and a 12-month high of $244.98. The firm has a 50 day moving average of $223.31 and a 200 day moving average of $224.04. The firm has a market capitalization of $66.87 billion, a price-to-earnings ratio of 16.97 and a beta of 1.17.

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.