Wavvest Wealth LLC Purchases 1,903 Shares of iShares Russell 2000 ETF $IWM

Wavvest Wealth LLC purchased a new position in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 1,903 shares of the exchange traded fund’s stock, valued at approximately $529,000.

Other large investors have also made changes to their positions in the company. Rogco LP purchased a new stake in shares of iShares Russell 2000 ETF during the 2nd quarter valued at $25,000. Montgomery Financial Services LLC acquired a new stake in shares of iShares Russell 2000 ETF in the 2nd quarter worth $30,000. Tower View Wealth Management LLC acquired a new stake in shares of iShares Russell 2000 ETF in the 1st quarter worth $32,000. Evolution Wealth Management Inc. grew its stake in iShares Russell 2000 ETF by 3,525.0% during the 1st quarter. Evolution Wealth Management Inc. now owns 145 shares of the exchange traded fund’s stock worth $36,000 after buying an additional 141 shares during the last quarter. Finally, Scarborough Advisors LLC purchased a new position in iShares Russell 2000 ETF during the 1st quarter worth $37,000.

iShares Russell 2000 ETF Price Performance

Shares of IWM stock opened at $276.48 on Thursday. The stock’s fifty day moving average price is $287.36 and its 200 day moving average price is $286.90. iShares Russell 2000 ETF has a 1-year low of $228.90 and a 1-year high of $305.18. The company has a market cap of $79.32 billion, a price-to-earnings ratio of 17.69 and a beta of 1.13.

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