iShares Russell 2000 ETF $IWM Stock Holdings Lifted by Modern Wealth Management LLC

Modern Wealth Management LLC increased its holdings in iShares Russell 2000 ETF (NYSEARCA:IWM) by 2,314.3% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 205,625 shares of the exchange traded fund’s stock after buying an additional 197,108 shares during the period. iShares Russell 2000 ETF comprises approximately 0.9% of Modern Wealth Management LLC’s holdings, making the stock its 26th biggest position. Modern Wealth Management LLC owned 0.07% of iShares Russell 2000 ETF worth $51,316,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of IWM. Acumen Wealth Advisors LLC bought a new position in iShares Russell 2000 ETF in the fourth quarter worth about $27,000. Measured Wealth Private Client Group LLC acquired a new position in iShares Russell 2000 ETF in the third quarter valued at approximately $28,000. Osbon Capital Management LLC bought a new position in shares of iShares Russell 2000 ETF during the fourth quarter valued at approximately $31,000. Columbia Asset Management bought a new position in shares of iShares Russell 2000 ETF during the fourth quarter valued at approximately $32,000. Finally, Tucker Asset Management LLC acquired a new stake in shares of iShares Russell 2000 ETF during the 4th quarter worth approximately $32,000.

iShares Russell 2000 ETF Trading Down 0.6%

Shares of iShares Russell 2000 ETF stock opened at $292.09 on Friday. The stock has a market capitalization of $80.75 billion, a price-to-earnings ratio of 17.69 and a beta of 1.10. iShares Russell 2000 ETF has a twelve month low of $212.34 and a twelve month high of $302.72. The business’s 50 day simple moving average is $291.59 and its 200-day simple moving average is $272.80.

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.