Fernwood Investment Management LLC Purchases Shares of 19,291 iShares Russell 2000 Index (NYSEARCA:IWM)

Fernwood Investment Management LLC bought a new position in shares of iShares Russell 2000 Index (NYSEARCA:IWM) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 19,291 shares of the exchange traded fund’s stock, valued at approximately $2,941,000. iShares Russell 2000 Index makes up about 1.6% of Fernwood Investment Management LLC’s investment portfolio, making the stock its 13th largest holding.

Several other institutional investors and hedge funds have also recently bought and sold shares of IWM. Country Trust Bank boosted its holdings in iShares Russell 2000 Index by 2.9% in the 4th quarter. Country Trust Bank now owns 129,162 shares of the exchange traded fund’s stock valued at $19,692,000 after purchasing an additional 3,645 shares in the last quarter. JJJ Advisors Inc. boosted its holdings in iShares Russell 2000 Index by 1.5% in the 3rd quarter. JJJ Advisors Inc. now owns 135,304 shares of the exchange traded fund’s stock valued at $20,049,000 after purchasing an additional 1,936 shares in the last quarter. OLD National Bancorp IN boosted its holdings in iShares Russell 2000 Index by 1.9% in the 3rd quarter. OLD National Bancorp IN now owns 86,740 shares of the exchange traded fund’s stock valued at $12,853,000 after purchasing an additional 1,597 shares in the last quarter. Cedar Hill Associates LLC boosted its holdings in iShares Russell 2000 Index by 15.7% in the 3rd quarter. Cedar Hill Associates LLC now owns 9,478 shares of the exchange traded fund’s stock valued at $1,404,000 after purchasing an additional 1,285 shares in the last quarter. Finally, Colony Group LLC boosted its holdings in iShares Russell 2000 Index by 4.2% in the 3rd quarter. Colony Group LLC now owns 55,522 shares of the exchange traded fund’s stock valued at $8,227,000 after purchasing an additional 2,213 shares in the last quarter.

Shares of iShares Russell 2000 Index (NYSEARCA:IWM) traded up $2.69 on Wednesday, reaching $151.17. The company’s stock had a trading volume of 28,040,640 shares, compared to its average volume of 26,840,537. The stock has a market cap of $41,290.00 and a price-to-earnings ratio of 37.56. iShares Russell 2000 Index has a 12 month low of $132.40 and a 12 month high of $160.63.

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iShares Russell 2000 Index 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.

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

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