Avalon Advisors LLC Invests $1.12 Million in iShares Russell 2000 Index (IWM)

Avalon Advisors LLC purchased a new stake in shares of iShares Russell 2000 Index (NYSEARCA:IWM) during the 1st quarter, Holdings Channel reports. The institutional investor purchased 7,380 shares of the exchange traded fund’s stock, valued at approximately $1,121,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. boosted its holdings in iShares Russell 2000 Index by 6.7% in the first quarter. JPMorgan Chase & Co. now owns 9,510,582 shares of the exchange traded fund’s stock worth $1,443,993,000 after acquiring an additional 599,575 shares in the last quarter. Jones Financial Companies Lllp boosted its holdings in iShares Russell 2000 Index by 6.1% in the first quarter. Jones Financial Companies Lllp now owns 6,982,569 shares of the exchange traded fund’s stock worth $1,060,164,000 after acquiring an additional 399,589 shares in the last quarter. PNC Financial Services Group Inc. boosted its holdings in iShares Russell 2000 Index by 0.6% in the first quarter. PNC Financial Services Group Inc. now owns 4,210,276 shares of the exchange traded fund’s stock worth $639,247,000 after acquiring an additional 24,676 shares in the last quarter. Summit Trail Advisors LLC boosted its holdings in iShares Russell 2000 Index by 7,153.3% in the first quarter. Summit Trail Advisors LLC now owns 2,649,407 shares of the exchange traded fund’s stock worth $2,649,000 after acquiring an additional 2,612,880 shares in the last quarter. Finally, LPL Financial LLC boosted its holdings in iShares Russell 2000 Index by 29.2% in the fourth quarter. LPL Financial LLC now owns 2,500,786 shares of the exchange traded fund’s stock worth $381,270,000 after acquiring an additional 564,786 shares in the last quarter.

iShares Russell 2000 Index opened at $163.77 on Friday, Marketbeat.com reports. iShares Russell 2000 Index has a 12 month low of $134.12 and a 12 month high of $170.20.

iShares Russell 2000 Index Company 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.

Want to see what other hedge funds are holding IWM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Russell 2000 Index (NYSEARCA:IWM).

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

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