Smart Portfolios LLC Takes Position in iShares Russell 2000 ETF $IWM

Smart Portfolios LLC acquired a new position in iShares Russell 2000 ETF (NYSEARCA:IWM) in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 1,338 shares of the exchange traded fund’s stock, valued at approximately $289,000.

A number of other hedge funds have also recently made changes to their positions in the business. Bernard Wealth Management Corp. boosted its stake in shares of iShares Russell 2000 ETF by 0.8% in the second quarter. Bernard Wealth Management Corp. now owns 5,976 shares of the exchange traded fund’s stock worth $1,290,000 after acquiring an additional 47 shares during the period. Ironwood Investment Counsel LLC boosted its stake in shares of iShares Russell 2000 ETF by 2.8% in the first quarter. Ironwood Investment Counsel LLC now owns 1,835 shares of the exchange traded fund’s stock worth $366,000 after acquiring an additional 50 shares during the period. Occidental Asset Management LLC boosted its stake in shares of iShares Russell 2000 ETF by 1.5% in the second quarter. Occidental Asset Management LLC now owns 3,396 shares of the exchange traded fund’s stock worth $733,000 after acquiring an additional 51 shares during the period. USAdvisors Wealth Management LLC boosted its stake in shares of iShares Russell 2000 ETF by 0.6% in the first quarter. USAdvisors Wealth Management LLC now owns 9,385 shares of the exchange traded fund’s stock worth $1,872,000 after acquiring an additional 53 shares during the period. Finally, Catalyst Financial Partners LLC boosted its stake in shares of iShares Russell 2000 ETF by 1.0% in the first quarter. Catalyst Financial Partners LLC now owns 5,302 shares of the exchange traded fund’s stock worth $1,058,000 after acquiring an additional 55 shares during the period.

iShares Russell 2000 ETF Stock Up 1.4%

NYSEARCA IWM opened at $247.90 on Wednesday. The firm has a market cap of $69.52 billion, a price-to-earnings ratio of 17.69 and a beta of 1.15. The business has a 50-day moving average price of $236.40 and a 200-day moving average price of $216.86. iShares Russell 2000 ETF has a twelve month low of $171.73 and a twelve month 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.