Northwest Investment Counselors LLC Acquires Shares in iShares Russell 2000 ETF
Northwest Investment Counselors LLC has recently announced that it acquired a new position in the iShares Russell 2000 ETF (NYSEARCA:IWM) during the third quarter. This information was disclosed in its latest filing with the Securities and Exchange Commission. The fund purchased 117 shares of this exchange-traded fund, which is valued at around $26,000.
In addition to Northwest Investment Counselors LLC, several other hedge funds have also engaged in buying or selling shares of the iShares Russell 2000 ETF. For instance, Centerpoint Advisors LLC significantly increased its position by 625.0% in the second quarter. Now, the firm owns 145 shares worth approximately $29,000 after buying an additional 125 shares last quarter. Similarly, Cordant Inc. made a new investment in the ETF during the same quarter, valued at about $30,000.
Furthermore, Atlanta Consulting Group Advisors LLC and 1832 Asset Management L.P. also acquired new stakes in the iShares Russell 2000 ETF during the first quarter, worth $32,000 and $33,000, respectively. BNP Paribas added to the trend by purchasing a new stake valued at $35,000 in the first quarter as well.
iShares Russell 2000 ETF Price Performance
As of Wednesday, shares of the iShares Russell 2000 ETF (NYSEARCA:IWM) opened at $221.24. The fund's 50-day moving average stands at $217.51, while its 200-day moving average is recorded at $209.56. Over the last year, the iShares Russell 2000 ETF has experienced a low of $161.67 and a high of $228.63.
About iShares Russell 2000 ETF
The iShares Russell 2000 ETF is designed to track performance closely corresponding to the price and yield of the Russell 2000 Index. This index is a float-adjusted market capitalization-weighted index, which assesses the performance of the small-cap sector within the United States equity market, including around 2,000 of the smallest companies listed in the Russell 3000 Index.
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Investment, ETF, Shares