WorthPointe LLC Buys New Holdings in iShares Russell 2000 ETF $IWM

WorthPointe LLC bought a new stake in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 6,999 shares of the exchange traded fund’s stock, valued at approximately $1,723,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Investment Counsel Co. of Nevada bought a new stake in iShares Russell 2000 ETF during the 3rd quarter valued at approximately $26,000. Measured Wealth Private Client Group LLC bought a new stake in iShares Russell 2000 ETF during the 3rd quarter valued at approximately $28,000. Abich Financial Wealth Management LLC bought a new stake in iShares Russell 2000 ETF during the 3rd quarter valued at approximately $30,000. FWL Investment Management LLC raised its stake in iShares Russell 2000 ETF by 340.0% during the 3rd quarter. FWL Investment Management LLC now owns 132 shares of the exchange traded fund’s stock valued at $32,000 after purchasing an additional 102 shares during the period. Finally, GGM Financials LLC bought a new stake in iShares Russell 2000 ETF during the 3rd quarter valued at approximately $35,000.

iShares Russell 2000 ETF Trading Up 0.2%

Shares of IWM opened at $269.39 on Thursday. The business’s 50 day moving average is $256.56 and its 200 day moving average is $252.26. The company has a market capitalization of $75.39 billion, a PE ratio of 17.69 and a beta of 1.09. iShares Russell 2000 ETF has a 12-month low of $180.76 and a 12-month high of $271.60.

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.