Sterling Investment Counsel LLC acquired a new position in shares of iShares Russell 2000 ETF (NYSEARCA:IWM – Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 1,394 shares of the exchange traded fund’s stock, valued at approximately $301,000.
A number of other institutional investors have also added to or reduced their stakes in IWM. Opal Wealth Advisors LLC purchased a new stake in iShares Russell 2000 ETF during the 2nd quarter worth about $28,000. Financial Network Wealth Advisors LLC purchased a new stake in iShares Russell 2000 ETF during the 1st quarter worth about $29,000. Brooklyn Investment Group purchased a new stake in iShares Russell 2000 ETF during the 1st quarter worth about $30,000. Proathlete Wealth Management LLC purchased a new stake in iShares Russell 2000 ETF during the 2nd quarter worth about $30,000. Finally, 1 North Wealth Services LLC purchased a new stake in iShares Russell 2000 ETF during the 1st quarter worth about $34,000.
iShares Russell 2000 ETF Stock Performance
Shares of IWM opened at $244.02 on Friday. The stock has a market capitalization of $71.58 billion, a price-to-earnings ratio of 17.69 and a beta of 1.15. The stock’s 50-day simple moving average is $232.58 and its 200 day simple moving average is $214.59. iShares Russell 2000 ETF has a 52-week low of $171.73 and a 52-week high of $247.18.
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.
Further Reading
- Five stocks we like better than iShares Russell 2000 ETF
- What is a Dividend Harvesting Strategy and How Can Investors Profit from it?
- General Dynamics Hits New Highs: Why It Might Keep Climbing
- Insider Trading – What You Need to Know
- Nike’s Turnaround: If the Shoe Fits, Buy It!
- What Investors Need to Know to Beat the Market
- NVIDIA Breaks Out to New Highs: What Comes Next?
Receive News & Ratings for iShares Russell 2000 ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Russell 2000 ETF and related companies with MarketBeat.com's FREE daily email newsletter.
