Gainline Financial Partners LLC Acquires Shares of 4,611 iShares Russell 2000 ETF $IWM

Gainline Financial Partners LLC bought a new position in iShares Russell 2000 ETF (NYSEARCA:IWM) during the second quarter, according to its most recent Form 13F filing with the SEC. The firm bought 4,611 shares of the exchange traded fund’s stock, valued at approximately $1,385,000. iShares Russell 2000 ETF makes up approximately 1.3% of Gainline Financial Partners LLC’s investment portfolio, making the stock its 15th biggest position.

Other institutional investors and hedge funds have also made changes to their positions in the company. Horizon Wealth Management LLC purchased a new stake in iShares Russell 2000 ETF in the 1st quarter valued at $22,859,000. Bryn Mawr Trust Advisors LLC increased its stake in shares of iShares Russell 2000 ETF by 37.8% in the 1st quarter. Bryn Mawr Trust Advisors LLC now owns 9,676 shares of the exchange traded fund’s stock worth $2,400,000 after acquiring an additional 2,654 shares during the last quarter. HighTower Advisors LLC raised its holdings in shares of iShares Russell 2000 ETF by 14.9% during the 4th quarter. HighTower Advisors LLC now owns 590,250 shares of the exchange traded fund’s stock worth $145,296,000 after acquiring an additional 76,358 shares during the period. Prospera Financial Services Inc raised its holdings in shares of iShares Russell 2000 ETF by 12.8% during the 4th quarter. Prospera Financial Services Inc now owns 57,696 shares of the exchange traded fund’s stock worth $14,216,000 after acquiring an additional 6,567 shares during the period. Finally, World Investment Advisors boosted its position in shares of iShares Russell 2000 ETF by 38.8% during the 4th quarter. World Investment Advisors now owns 32,933 shares of the exchange traded fund’s stock valued at $8,107,000 after acquiring an additional 9,214 shares during the last quarter.

iShares Russell 2000 ETF Trading Up 0.3%

Shares of IWM stock opened at $296.01 on Friday. iShares Russell 2000 ETF has a twelve month low of $228.90 and a twelve month high of $305.18. The company’s 50-day moving average price is $296.97 and its 200-day moving average price is $280.34. The stock has a market cap of $81.48 billion, a price-to-earnings ratio of 17.69 and a beta of 1.11.

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.