Fairway Wealth LLC Raises Stock Holdings in iShares Russell 2000 ETF $IWM

Fairway Wealth LLC grew its stake in iShares Russell 2000 ETF (NYSEARCA:IWM) by 270.0% during the 2nd quarter, Holdings Channel reports. The fund owned 18,058 shares of the exchange traded fund’s stock after acquiring an additional 13,178 shares during the period. iShares Russell 2000 ETF comprises about 0.9% of Fairway Wealth LLC’s portfolio, making the stock its 20th biggest position. Fairway Wealth LLC’s holdings in iShares Russell 2000 ETF were worth $3,897,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Farther Finance Advisors LLC lifted its position in shares of iShares Russell 2000 ETF by 18.5% in the second quarter. Farther Finance Advisors LLC now owns 28,093 shares of the exchange traded fund’s stock valued at $6,062,000 after acquiring an additional 4,381 shares in the last quarter. Ellis Investment Partners LLC lifted its position in shares of iShares Russell 2000 ETF by 18.1% in the second quarter. Ellis Investment Partners LLC now owns 2,669 shares of the exchange traded fund’s stock valued at $576,000 after acquiring an additional 409 shares in the last quarter. American National Bank & Trust increased its stake in iShares Russell 2000 ETF by 52.7% in the second quarter. American National Bank & Trust now owns 11,874 shares of the exchange traded fund’s stock valued at $2,562,000 after purchasing an additional 4,098 shares during the last quarter. Independent Wealth Network Inc. increased its stake in iShares Russell 2000 ETF by 2.6% in the second quarter. Independent Wealth Network Inc. now owns 2,477 shares of the exchange traded fund’s stock valued at $534,000 after purchasing an additional 62 shares during the last quarter. Finally, Wealth Architects LLC increased its stake in iShares Russell 2000 ETF by 173.8% in the second quarter. Wealth Architects LLC now owns 7,459 shares of the exchange traded fund’s stock valued at $1,610,000 after purchasing an additional 4,735 shares during the last quarter.

iShares Russell 2000 ETF Trading Down 0.7%

iShares Russell 2000 ETF stock opened at $243.41 on Monday. The firm has a market capitalization of $68.13 billion, a P/E ratio of 17.69 and a beta of 1.15. The stock has a fifty day moving average price of $237.96 and a 200 day moving average price of $218.01. iShares Russell 2000 ETF has a 52 week low of $171.73 and a 52 week high of $252.77.

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.