Compass Financial Management LLC Buys New Position in iShares Russell 2000 ETF $IWM

Compass Financial Management LLC bought a new stake in iShares Russell 2000 ETF (NYSEARCA:IWM) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 6,030 shares of the exchange traded fund’s stock, valued at approximately $1,819,000.

Several other institutional investors also recently added to or reduced their stakes in the business. Rogco LP acquired a new position in iShares Russell 2000 ETF during the 2nd quarter valued at $25,000. Montgomery Financial Services LLC acquired a new position in shares of iShares Russell 2000 ETF in the 2nd quarter worth approximately $30,000. Acumen Wealth Advisors LLC bought a new position in shares of iShares Russell 2000 ETF during the 4th quarter worth approximately $27,000. Measured Wealth Private Client Group LLC bought a new position in shares of iShares Russell 2000 ETF during the 3rd quarter worth approximately $28,000. Finally, Osbon Capital Management LLC acquired a new stake in iShares Russell 2000 ETF in the 4th quarter valued at $31,000.

iShares Russell 2000 ETF Price Performance

Shares of IWM stock opened at $299.96 on Friday. The stock’s fifty day simple moving average is $296.88 and its 200 day simple moving average is $278.00. iShares Russell 2000 ETF has a one year low of $227.18 and a one year high of $305.18. The firm has a market cap of $82.56 billion, a price-to-earnings ratio of 17.69 and a beta of 1.11.

iShares Russell 2000 ETF Company 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.