Concord Asset Management LLC VA Invests $482,000 in iShares Russell 2000 ETF $IWM

Concord Asset Management LLC VA bought a new position in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) during the 2nd quarter, HoldingsChannel reports. The firm bought 2,234 shares of the exchange traded fund’s stock, valued at approximately $482,000.

Several other institutional investors have also added to or reduced their stakes in IWM. Opal Wealth Advisors LLC purchased a new stake in shares of iShares Russell 2000 ETF in the 2nd quarter valued at $28,000. Proathlete Wealth Management LLC acquired a new position in iShares Russell 2000 ETF during the second quarter valued at $30,000. Financial Network Wealth Advisors LLC acquired a new position in iShares Russell 2000 ETF during the first quarter valued at $29,000. Brooklyn Investment Group acquired a new position in iShares Russell 2000 ETF during the first quarter valued at $30,000. Finally, 1 North Wealth Services LLC acquired a new position in iShares Russell 2000 ETF during the first quarter valued at $34,000.

iShares Russell 2000 ETF Stock Performance

NYSEARCA IWM opened at $244.41 on Tuesday. The stock has a 50-day simple moving average of $235.86 and a two-hundred day simple moving average of $216.64. The firm has a market capitalization of $68.54 billion, a P/E ratio of 17.69 and a beta of 1.15. iShares Russell 2000 ETF has a fifty-two week low of $171.73 and a fifty-two week high of $248.48.

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.