Kaydan Wealth Management Inc. Acquires 23,370 Shares of iShares Russell 2000 ETF $IWM

Kaydan Wealth Management Inc. increased its holdings in iShares Russell 2000 ETF (NYSEARCA:IWM) by 33.2% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 93,796 shares of the exchange traded fund’s stock after purchasing an additional 23,370 shares during the quarter. iShares Russell 2000 ETF makes up 9.1% of Kaydan Wealth Management Inc.’s investment portfolio, making the stock its 2nd biggest holding. Kaydan Wealth Management Inc.’s holdings in iShares Russell 2000 ETF were worth $26,065,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. AIA Group Ltd lifted its holdings in iShares Russell 2000 ETF by 181.5% during the 1st quarter. AIA Group Ltd now owns 1,864,118 shares of the exchange traded fund’s stock worth $462,301,000 after buying an additional 1,201,808 shares during the period. USA Financial Formulas increased its stake in shares of iShares Russell 2000 ETF by 15,520.1% in the first quarter. USA Financial Formulas now owns 435,956 shares of the exchange traded fund’s stock valued at $108,117,000 after buying an additional 433,165 shares during the period. Fifth Third Bancorp increased its stake in shares of iShares Russell 2000 ETF by 61.6% in the first quarter. Fifth Third Bancorp now owns 957,068 shares of the exchange traded fund’s stock valued at $237,353,000 after buying an additional 364,779 shares during the period. Ferguson Wellman Capital Management Inc. bought a new position in shares of iShares Russell 2000 ETF during the first quarter worth about $66,960,000. Finally, SG Americas Securities LLC raised its position in shares of iShares Russell 2000 ETF by 96.2% during the first quarter. SG Americas Securities LLC now owns 533,865 shares of the exchange traded fund’s stock worth $132,399,000 after acquiring an additional 261,789 shares during the last quarter.

iShares Russell 2000 ETF Price Performance

Shares of iShares Russell 2000 ETF stock traded down $1.70 during midday trading on Thursday, reaching $276.00. The company had a trading volume of 16,904,929 shares, compared to its average volume of 30,961,449. The stock has a fifty day moving average price of $292.02 and a 200 day moving average price of $284.91. iShares Russell 2000 ETF has a fifty-two week low of $228.90 and a fifty-two week high of $305.18. The firm has a market cap of $77.32 billion, a PE ratio of 17.69 and a beta of 1.13.

About iShares Russell 2000 ETF

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.