RMG Wealth Management LLC Buys Shares of 2,248 iShares Russell 2000 ETF $IWM

RMG Wealth Management LLC purchased a new stake in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 2,248 shares of the exchange traded fund’s stock, valued at approximately $558,000.

A number of other hedge funds have also modified their holdings of IWM. Bank of America Corp DE increased its position in iShares Russell 2000 ETF by 633.5% in the 4th quarter. Bank of America Corp DE now owns 43,751,735 shares of the exchange traded fund’s stock worth $10,769,927,000 after purchasing an additional 51,952,453 shares during the last quarter. HRT Financial LP raised its stake in shares of iShares Russell 2000 ETF by 112.9% during the 4th quarter. HRT Financial LP now owns 4,119,165 shares of the exchange traded fund’s stock worth $1,013,973,000 after purchasing an additional 2,184,265 shares in the last quarter. Jump Financial LLC lifted its holdings in shares of iShares Russell 2000 ETF by 452.0% during the 4th quarter. Jump Financial LLC now owns 1,655,028 shares of the exchange traded fund’s stock valued at $407,402,000 after buying an additional 1,355,215 shares during the last quarter. Durable Capital Partners LP lifted its holdings in shares of iShares Russell 2000 ETF by 105.5% during the 2nd quarter. Durable Capital Partners LP now owns 2,596,668 shares of the exchange traded fund’s stock valued at $560,335,000 after buying an additional 1,333,316 shares during the last quarter. Finally, IMC Chicago LLC grew its stake in shares of iShares Russell 2000 ETF by 344.2% in the 4th quarter. IMC Chicago LLC now owns 1,585,486 shares of the exchange traded fund’s stock valued at $390,283,000 after buying an additional 1,228,526 shares in the last quarter.

iShares Russell 2000 ETF Stock Performance

NYSEARCA:IWM opened at $292.09 on Friday. The stock’s 50 day moving average price is $291.59 and its 200 day moving average price is $272.80. iShares Russell 2000 ETF has a 52 week low of $212.34 and a 52 week high of $302.72. The company has a market capitalization of $80.75 billion, a P/E ratio of 17.69 and a beta of 1.10.

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.