SteelPeak Wealth LLC Acquires 23,553 Shares of iShares Russell 2000 ETF $IWM

SteelPeak Wealth LLC lifted its holdings in iShares Russell 2000 ETF (NYSEARCA:IWM) by 24.3% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 120,312 shares of the exchange traded fund’s stock after buying an additional 23,553 shares during the quarter. iShares Russell 2000 ETF comprises 0.8% of SteelPeak Wealth LLC’s portfolio, making the stock its 26th biggest holding. SteelPeak Wealth LLC’s holdings in iShares Russell 2000 ETF were worth $33,434,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also added to or reduced their stakes in IWM. PNC Financial Services Group Inc. increased its position in iShares Russell 2000 ETF by 6.6% in the 1st quarter. PNC Financial Services Group Inc. now owns 3,187,467 shares of the exchange traded fund’s stock valued at $790,492,000 after acquiring an additional 197,189 shares in the last quarter. AIA Group Ltd raised its stake in shares of iShares Russell 2000 ETF by 181.5% in the first quarter. AIA Group Ltd now owns 1,864,118 shares of the exchange traded fund’s stock worth $462,301,000 after acquiring an additional 1,201,808 shares during the last quarter. Catalyst Capital Advisors LLC raised its stake in shares of iShares Russell 2000 ETF by 12.0% in the first quarter. Catalyst Capital Advisors LLC now owns 1,603,667 shares of the exchange traded fund’s stock worth $397,709,000 after acquiring an additional 171,918 shares during the last quarter. Fifth Third Bancorp raised 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 worth $237,353,000 after acquiring an additional 364,779 shares during the last quarter. Finally, AMG National Trust Bank lifted its position in shares of iShares Russell 2000 ETF by 4.6% during the first quarter. AMG National Trust Bank now owns 860,460 shares of the exchange traded fund’s stock worth $213,394,000 after purchasing an additional 37,843 shares in the last quarter.

iShares Russell 2000 ETF Trading Down 1.7%

Shares of IWM stock opened at $270.44 on Friday. iShares Russell 2000 ETF has a 1 year low of $228.90 and a 1 year high of $305.18. The firm’s 50 day moving average is $288.96 and its 200-day moving average is $286.05. The firm has a market capitalization of $75.37 billion, a price-to-earnings ratio of 17.69 and a beta of 1.13.

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.