iShares Russell 2000 ETF $IWM Stake Raised by Summit Wealth Group LLC Co.

Summit Wealth Group LLC Co. raised its holdings in iShares Russell 2000 ETF (NYSEARCA:IWM) by 798.4% during the third quarter, Holdings Channel.com reports. The institutional investor owned 12,110 shares of the exchange traded fund’s stock after buying an additional 10,762 shares during the quarter. Summit Wealth Group LLC Co.’s holdings in iShares Russell 2000 ETF were worth $3,365,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in IWM. HighTower Advisors LLC raised its holdings in iShares Russell 2000 ETF by 10.9% in the 2nd quarter. HighTower Advisors LLC now owns 712,746 shares of the exchange traded fund’s stock worth $214,144,000 after purchasing an additional 70,330 shares in the last quarter. Wedmont Private Capital lifted its position in shares of iShares Russell 2000 ETF by 16.7% in the 2nd quarter. Wedmont Private Capital now owns 17,876 shares of the exchange traded fund’s stock worth $5,291,000 after purchasing an additional 2,552 shares during the period. RFG Advisory LLC lifted its position in shares of iShares Russell 2000 ETF by 253.3% in the 2nd quarter. RFG Advisory LLC now owns 18,947 shares of the exchange traded fund’s stock worth $5,693,000 after purchasing an additional 13,584 shares during the period. Bryn Mawr Trust Advisors LLC boosted its stake in shares of iShares Russell 2000 ETF by 37.8% during the 1st quarter. Bryn Mawr Trust Advisors LLC now owns 9,676 shares of the exchange traded fund’s stock valued at $2,400,000 after purchasing an additional 2,654 shares in the last quarter. Finally, Corient Private Wealth LP boosted its stake in shares of iShares Russell 2000 ETF by 4.8% during the 2nd quarter. Corient Private Wealth LP now owns 524,135 shares of the exchange traded fund’s stock valued at $157,477,000 after purchasing an additional 23,954 shares in the last quarter.

iShares Russell 2000 ETF Price Performance

Shares of NYSEARCA IWM opened at $279.14 on Tuesday. iShares Russell 2000 ETF has a 1 year low of $228.90 and a 1 year high of $305.18. The company’s 50-day moving average is $283.86 and its 200 day moving average is $278.65. The stock has a market capitalization of $75.35 billion, a P/E ratio of 17.69 and a beta of 1.13.

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.