Partners Wealth Management LLC Makes New Investment in iShares Russell 2000 ETF $IWM

Partners Wealth Management LLC purchased a new stake 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 1,940 shares of the exchange traded fund’s stock, valued at approximately $539,000.

Other institutional investors also recently modified their holdings of the company. Rogco LP bought a new stake in iShares Russell 2000 ETF in the 2nd quarter worth about $25,000. Montgomery Financial Services LLC bought a new position in iShares Russell 2000 ETF during the 2nd quarter valued at about $30,000. Evolution Wealth Management Inc. lifted 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 valued at $36,000 after acquiring an additional 141 shares during the period. Scarborough Advisors LLC bought a new position in iShares Russell 2000 ETF during the 1st quarter valued at about $37,000. Finally, Signature Resources Capital Management LLC lifted its stake in iShares Russell 2000 ETF by 362.1% during the 3rd quarter. Signature Resources Capital Management LLC now owns 134 shares of the exchange traded fund’s stock valued at $37,000 after acquiring an additional 105 shares during the period.

iShares Russell 2000 ETF Stock Down 1.6%

Shares of NYSEARCA IWM opened at $279.33 on Friday. The firm’s 50-day moving average price is $284.27 and its 200-day moving average price is $278.56. The company has a market cap of $75.41 billion, a PE ratio of 17.69 and a beta of 1.13. iShares Russell 2000 ETF has a 52-week low of $228.90 and a 52-week high of $305.18.

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.