Arbor Wealth Management LLC Purchases New Stake in iShares Russell 2000 ETF (NYSEARCA:IWM)

Arbor Wealth Management LLC bought a new stake in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 493 shares of the exchange traded fund’s stock, valued at approximately $66,000.

A number of other hedge funds have also added to or reduced their stakes in IWM. People s United Financial Inc. lifted its stake in shares of iShares Russell 2000 ETF by 21.6% during the 3rd quarter. People s United Financial Inc. now owns 20,284 shares of the exchange traded fund’s stock worth $3,406,000 after acquiring an additional 3,609 shares during the last quarter. Brickley Wealth Management bought a new stake in iShares Russell 2000 ETF during the 3rd quarter valued at $337,000. Wedbush Securities Inc. raised its position in iShares Russell 2000 ETF by 25.4% during the 3rd quarter. Wedbush Securities Inc. now owns 9,712 shares of the exchange traded fund’s stock valued at $1,637,000 after purchasing an additional 1,967 shares in the last quarter. Bailard Inc. raised its position in iShares Russell 2000 ETF by 13.7% during the 3rd quarter. Bailard Inc. now owns 10,151 shares of the exchange traded fund’s stock valued at $1,711,000 after purchasing an additional 1,225 shares in the last quarter. Finally, First Republic Investment Management Inc. raised its position in iShares Russell 2000 ETF by 2.4% during the 3rd quarter. First Republic Investment Management Inc. now owns 1,904,937 shares of the exchange traded fund’s stock valued at $321,077,000 after purchasing an additional 44,791 shares in the last quarter.

NYSEARCA IWM traded up $1.52 on Friday, reaching $158.27. 16,530,641 shares of the stock traded hands, compared to its average volume of 21,342,172. iShares Russell 2000 ETF has a 12 month low of $125.81 and a 12 month high of $173.39.

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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.

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Institutional Ownership by Quarter for iShares Russell 2000 ETF (NYSEARCA:IWM)

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