Summit Financial LLC lifted its holdings in shares of iShares Russell 2000 ETF (NYSEARCA:IWM – Free Report) by 5.6% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 88,243 shares of the exchange traded fund’s stock after acquiring an additional 4,704 shares during the quarter. iShares Russell 2000 ETF comprises approximately 0.7% of Summit Financial LLC’s holdings, making the stock its 21st biggest holding. Summit Financial LLC’s holdings in iShares Russell 2000 ETF were worth $19,498,000 as of its most recent SEC filing.
A number of other institutional investors have also recently added to or reduced their stakes in the business. Legacy Investment Solutions LLC acquired a new position in shares of iShares Russell 2000 ETF during the third quarter worth $25,000. Field & Main Bank purchased a new stake in iShares Russell 2000 ETF during the 4th quarter worth $27,000. Atala Financial Inc acquired a new position in iShares Russell 2000 ETF in the 4th quarter worth $27,000. Insight Inv LLC purchased a new position in iShares Russell 2000 ETF in the 4th quarter valued at about $30,000. Finally, Financial Management Professionals Inc. acquired a new stake in shares of iShares Russell 2000 ETF during the fourth quarter valued at about $32,000.
iShares Russell 2000 ETF Stock Performance
Shares of NYSEARCA IWM opened at $200.45 on Monday. The firm has a market cap of $64.79 billion, a price-to-earnings ratio of 16.20 and a beta of 1.19. iShares Russell 2000 ETF has a 1 year low of $191.34 and a 1 year high of $244.98. The stock’s 50-day simple moving average is $216.50 and its 200-day simple moving average is $222.66.
iShares Russell 2000 ETF 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.
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