iShares Russell 2000 ETF $IWM Stock: Cornerstone Wealth Management LLC Raises Holdings

Cornerstone Wealth Management LLC increased its holdings in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 8.4% in the third quarter, HoldingsChannel reports. The firm owned 46,694 shares of the exchange traded fund’s stock after buying an additional 3,634 shares during the period. Cornerstone Wealth Management LLC’s holdings in iShares Russell 2000 ETF were worth $12,976,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of the business. Rogco LP acquired a new stake in shares of iShares Russell 2000 ETF in the second quarter valued at approximately $25,000. Montgomery Financial Services LLC acquired a new position in shares of iShares Russell 2000 ETF during the 2nd quarter worth approximately $30,000. Quest 10 Wealth Builders Inc. increased its holdings in shares of iShares Russell 2000 ETF by 42.9% during the 3rd quarter. Quest 10 Wealth Builders Inc. now owns 130 shares of the exchange traded fund’s stock worth $36,000 after acquiring an additional 39 shares during the last quarter. Signature Resources Capital Management LLC increased its holdings in shares of iShares Russell 2000 ETF by 362.1% during the 3rd quarter. Signature Resources Capital Management LLC now owns 134 shares of the exchange traded fund’s stock worth $37,000 after acquiring an additional 105 shares during the last quarter. Finally, Timbuktu Capital Management LLC acquired a new position in shares of iShares Russell 2000 ETF during the 2nd quarter worth approximately $43,000.

iShares Russell 2000 ETF Trading Down 0.7%

IWM opened at $280.58 on Wednesday. The stock’s fifty day simple moving average is $281.58 and its 200 day simple moving average is $279.03. iShares Russell 2000 ETF has a 1-year low of $228.90 and a 1-year high of $305.18. The stock has a market cap of $77.93 billion, a PE ratio of 17.69 and a beta of 1.14.

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.