Paulson Wealth Management Inc. Purchases 6,028 Shares of iShares Russell 2000 ETF (NYSEARCA:IWM)

Paulson Wealth Management Inc. lifted its position in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 4.8% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 130,775 shares of the exchange traded fund’s stock after purchasing an additional 6,028 shares during the quarter. iShares Russell 2000 ETF accounts for approximately 7.3% of Paulson Wealth Management Inc.’s portfolio, making the stock its 4th largest holding. Paulson Wealth Management Inc.’s holdings in iShares Russell 2000 ETF were worth $26,088,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Nuveen LLC acquired a new stake in shares of iShares Russell 2000 ETF during the 1st quarter worth approximately $1,712,000. SouthState Corp lifted its position in shares of iShares Russell 2000 ETF by 19.0% during the 1st quarter. SouthState Corp now owns 3,618 shares of the exchange traded fund’s stock valued at $722,000 after buying an additional 578 shares in the last quarter. Harvest Investment Advisors LLC lifted its position in shares of iShares Russell 2000 ETF by 3.9% during the 1st quarter. Harvest Investment Advisors LLC now owns 41,900 shares of the exchange traded fund’s stock valued at $8,359,000 after buying an additional 1,583 shares in the last quarter. Rovida Advisors Inc. purchased a new position in shares of iShares Russell 2000 ETF during the 1st quarter valued at approximately $10,036,000. Finally, Polen Capital Management LLC lifted its position in shares of iShares Russell 2000 ETF by 3.5% during the 1st quarter. Polen Capital Management LLC now owns 10,362 shares of the exchange traded fund’s stock valued at $2,067,000 after buying an additional 355 shares in the last quarter.

iShares Russell 2000 ETF Price Performance

Shares of NYSEARCA:IWM opened at $220.32 on Monday. iShares Russell 2000 ETF has a 1 year low of $171.73 and a 1 year high of $244.98. The firm has a market capitalization of $63.85 billion, a price-to-earnings ratio of 17.69 and a beta of 1.15. The business’s 50 day moving average price is $217.37 and its 200-day moving average price is $209.65.

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.