NEXT Financial Group Inc purchased a new stake in iShares Russell 2000 Index (NYSEARCA:IWM) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 4,193 shares of the exchange traded fund’s stock, valued at approximately $637,000.
Several other hedge funds also recently modified their holdings of IWM. Woodard & Co. Asset Management Group Inc. ADV acquired a new stake in iShares Russell 2000 Index during the fourth quarter worth approximately $104,000. Prime Capital Investment Advisors LLC acquired a new stake in iShares Russell 2000 Index during the fourth quarter worth approximately $141,000. Clearwater Capital Advisors LLC acquired a new stake in iShares Russell 2000 Index during the first quarter worth approximately $144,000. Rainier Group Investment Advisory LLC acquired a new stake in iShares Russell 2000 Index during the first quarter worth approximately $170,000. Finally, Macroview Investment Management LLC grew its stake in iShares Russell 2000 Index by 56.3% during the first quarter. Macroview Investment Management LLC now owns 1,135 shares of the exchange traded fund’s stock worth $172,000 after purchasing an additional 409 shares during the period.
iShares Russell 2000 Index opened at $168.61 on Wednesday, according to MarketBeat.com. iShares Russell 2000 Index has a one year low of $134.12 and a one year high of $168.77.
About iShares Russell 2000 Index
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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