Macco Financial Group Inc. Boosts Stake in iShares Russell 2000 ETF $IWM

Macco Financial Group Inc. raised its stake in iShares Russell 2000 ETF (NYSEARCA:IWM) by 208.3% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 33,455 shares of the exchange traded fund’s stock after acquiring an additional 22,605 shares during the period. iShares Russell 2000 ETF makes up about 6.3% of Macco Financial Group Inc.’s portfolio, making the stock its 5th biggest holding. Macco Financial Group Inc.’s holdings in iShares Russell 2000 ETF were worth $8,297,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently modified their holdings of IWM. Investment Counsel Co. of Nevada acquired a new position in shares of iShares Russell 2000 ETF in the 3rd quarter valued at approximately $26,000. Acumen Wealth Advisors LLC bought a new stake in shares of iShares Russell 2000 ETF during the 4th quarter worth approximately $27,000. Measured Wealth Private Client Group LLC bought a new stake in shares of iShares Russell 2000 ETF during the 3rd quarter worth approximately $28,000. Osbon Capital Management LLC acquired a new stake in shares of iShares Russell 2000 ETF during the 4th quarter worth approximately $31,000. Finally, FWL Investment Management LLC boosted its position in shares of 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 worth $32,000 after acquiring an additional 102 shares in the last quarter.

iShares Russell 2000 ETF Price Performance

Shares of NYSEARCA:IWM opened at $299.83 on Monday. iShares Russell 2000 ETF has a 1 year low of $212.34 and a 1 year high of $301.50. The stock has a market capitalization of $83.26 billion, a price-to-earnings ratio of 17.69 and a beta of 1.11. The company’s 50 day simple moving average is $285.08 and its 200 day simple moving average is $266.77.

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.