Grandfield & Dodd LLC Acquires Shares of 1,477 iShares Russell 2000 ETF (NYSEARCA:IWM)

Grandfield & Dodd LLC acquired a new position in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) during the 3rd quarter, HoldingsChannel.com reports. The institutional investor acquired 1,477 shares of the exchange traded fund’s stock, valued at approximately $326,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in IWM. Northwest Investment Counselors LLC acquired a new position in iShares Russell 2000 ETF during the third quarter worth approximately $26,000. PSI Advisors LLC raised its holdings in shares of iShares Russell 2000 ETF by 116.7% in the third 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 during the last quarter. Centerpoint Advisors LLC boosted its stake in shares of iShares Russell 2000 ETF by 625.0% during the second quarter. Centerpoint Advisors LLC now owns 145 shares of the exchange traded fund’s stock worth $29,000 after buying an additional 125 shares during the period. Cordant Inc. purchased a new position in shares of iShares Russell 2000 ETF during the second quarter worth about $30,000. Finally, 1832 Asset Management L.P. purchased a new position in shares of iShares Russell 2000 ETF in the 1st quarter valued at approximately $33,000.

iShares Russell 2000 ETF Stock Up 0.8 %

Shares of NYSEARCA IWM opened at $230.65 on Wednesday. The stock has a fifty day moving average price of $222.79 and a 200 day moving average price of $213.70. iShares Russell 2000 ETF has a 1-year low of $176.91 and a 1-year high of $242.39.

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.