iShares Russell 2000 ETF $IWM Shares Bought by Moneywise Inc.

Moneywise Inc. raised its stake in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 12.5% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 25,502 shares of the exchange traded fund’s stock after purchasing an additional 2,839 shares during the quarter. iShares Russell 2000 ETF comprises 2.9% of Moneywise Inc.’s holdings, making the stock its 8th biggest position. Moneywise Inc.’s holdings in iShares Russell 2000 ETF were worth $7,662,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also bought and sold shares of IWM. Acumen Wealth Advisors LLC acquired a new stake in shares of iShares Russell 2000 ETF during the fourth quarter worth $27,000. Measured Wealth Private Client Group LLC purchased a new position in iShares Russell 2000 ETF in the 3rd quarter worth $28,000. Osbon Capital Management LLC purchased a new position in iShares Russell 2000 ETF in the 4th quarter worth $31,000. Columbia Asset Management acquired a new stake in iShares Russell 2000 ETF during the 4th quarter worth about $32,000. Finally, Tucker Asset Management LLC purchased a new stake in iShares Russell 2000 ETF during the 4th quarter valued at about $32,000.

iShares Russell 2000 ETF Stock Performance

Shares of IWM stock opened at $303.50 on Friday. iShares Russell 2000 ETF has a fifty-two week low of $223.69 and a fifty-two week high of $305.05. The firm has a market capitalization of $83.54 billion, a PE ratio of 17.69 and a beta of 1.11. The stock’s 50-day simple moving average is $295.02 and its 200-day simple moving average is $276.48.

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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.