Compass Financial Management LLC Buys New Position in iShares Russell 2000 ETF $IWM

Compass Financial Management LLC purchased a new position in iShares Russell 2000 ETF (NYSEARCA:IWM) in the second quarter, HoldingsChannel reports. The institutional investor purchased 6,472 shares of the exchange traded fund’s stock, valued at approximately $2,005,000.

Other institutional investors have also recently made changes to their positions in the company. C M Bidwell & Associates Ltd. purchased a new stake in iShares Russell 2000 ETF during the second quarter valued at about $10,038,000. USA Financial Formulas boosted its holdings in shares of iShares Russell 2000 ETF by 15,520.1% in the 1st quarter. USA Financial Formulas now owns 435,956 shares of the exchange traded fund’s stock worth $108,117,000 after purchasing an additional 433,165 shares in the last quarter. Financial Perspectives Inc increased its position in shares of iShares Russell 2000 ETF by 4.4% during the 2nd quarter. Financial Perspectives Inc now owns 4,520 shares of the exchange traded fund’s stock valued at $1,358,000 after purchasing an additional 191 shares during the last quarter. Udine Wealth Management Inc. increased its position in shares of iShares Russell 2000 ETF by 1.9% during the 2nd quarter. Udine Wealth Management Inc. now owns 10,309 shares of the exchange traded fund’s stock valued at $3,097,000 after purchasing an additional 193 shares during the last quarter. Finally, BridgePort Financial Solutions LLC raised its holdings in shares of iShares Russell 2000 ETF by 5.2% during the 2nd quarter. BridgePort Financial Solutions LLC now owns 3,867 shares of the exchange traded fund’s stock valued at $1,162,000 after buying an additional 192 shares in the last quarter.

iShares Russell 2000 ETF Price Performance

NYSEARCA:IWM opened at $299.96 on Friday. The business has a 50 day moving average of $296.88 and a 200 day moving average of $278.00. The company has a market capitalization of $82.56 billion, a price-to-earnings ratio of 17.69 and a beta of 1.11. iShares Russell 2000 ETF has a 1-year low of $227.18 and a 1-year high of $305.18.

iShares Russell 2000 ETF 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.