Lunt Capital Management Inc. Boosts Holdings in iShares Russell 2000 ETF $IWM

Lunt Capital Management Inc. boosted its stake in iShares Russell 2000 ETF (NYSEARCA:IWM) by 157.4% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 6,194 shares of the exchange traded fund’s stock after purchasing an additional 3,788 shares during the quarter. Lunt Capital Management Inc.’s holdings in iShares Russell 2000 ETF were worth $1,337,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Opal Wealth Advisors LLC acquired a new stake in iShares Russell 2000 ETF during the 2nd quarter worth approximately $28,000. Proathlete Wealth Management LLC purchased a new stake in shares of iShares Russell 2000 ETF during the 2nd quarter valued at about $30,000. Financial Network Wealth Advisors LLC acquired a new position in iShares Russell 2000 ETF during the 1st quarter worth approximately $29,000. Brooklyn Investment Group purchased a new position in iShares Russell 2000 ETF in the 1st quarter worth approximately $30,000. Finally, 1 North Wealth Services LLC acquired a new stake in iShares Russell 2000 ETF in the first quarter valued at approximately $34,000.

iShares Russell 2000 ETF Trading Up 1.4%

NYSEARCA IWM opened at $247.90 on Wednesday. The stock has a market cap of $69.52 billion, a P/E ratio of 17.69 and a beta of 1.15. The company’s fifty day simple moving average is $236.40 and its 200-day simple moving average is $216.86. iShares Russell 2000 ETF has a 52 week low of $171.73 and a 52 week high of $249.60.

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.