TPG Financial Advisors LLC Takes Position in iShares Russell 2000 ETF $IWM

TPG Financial Advisors LLC acquired a new stake in iShares Russell 2000 ETF (NYSEARCA:IWM) in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 1,730 shares of the exchange traded fund’s stock, valued at approximately $373,000.

Several other hedge funds also recently modified their holdings of the business. Wise Wealth Partners boosted its position in shares of iShares Russell 2000 ETF by 72.1% in the second quarter. Wise Wealth Partners now owns 2,378 shares of the exchange traded fund’s stock valued at $513,000 after acquiring an additional 996 shares during the period. New England Professional Planning Group Inc. boosted its position in shares of iShares Russell 2000 ETF by 84.5% in the second quarter. New England Professional Planning Group Inc. now owns 3,894 shares of the exchange traded fund’s stock valued at $840,000 after acquiring an additional 1,784 shares during the period. Seamount Financial Group Inc. boosted its position in shares of iShares Russell 2000 ETF by 15.9% in the second quarter. Seamount Financial Group Inc. now owns 12,544 shares of the exchange traded fund’s stock valued at $2,707,000 after acquiring an additional 1,719 shares during the period. Bennett Associates Wealth Management boosted its position in shares of iShares Russell 2000 ETF by 6.3% in the second quarter. Bennett Associates Wealth Management now owns 21,065 shares of the exchange traded fund’s stock valued at $4,546,000 after acquiring an additional 1,249 shares during the period. Finally, SteelPeak Wealth LLC boosted its position in shares of iShares Russell 2000 ETF by 12.0% in the second quarter. SteelPeak Wealth LLC now owns 93,620 shares of the exchange traded fund’s stock valued at $20,202,000 after acquiring an additional 10,051 shares during the period.

iShares Russell 2000 ETF Trading Down 1.1%

IWM opened at $244.16 on Wednesday. iShares Russell 2000 ETF has a 1-year low of $171.73 and a 1-year high of $248.48. The stock has a market capitalization of $70.43 billion, a price-to-earnings ratio of 17.69 and a beta of 1.15. The business has a 50 day moving average of $233.89 and a 200-day moving average of $215.51.

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.