11,842 Shares in iShares Russell 2000 ETF $IWM Acquired by USA Financial Formulas

USA Financial Formulas purchased a new position in iShares Russell 2000 ETF (NYSEARCA:IWM) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 11,842 shares of the exchange traded fund’s stock, valued at approximately $3,291,000. iShares Russell 2000 ETF accounts for approximately 0.6% of USA Financial Formulas’ investment portfolio, making the stock its 9th biggest holding.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. KWB Wealth grew its holdings in iShares Russell 2000 ETF by 3.6% during the 3rd quarter. KWB Wealth now owns 1,303 shares of the exchange traded fund’s stock valued at $362,000 after buying an additional 45 shares in the last quarter. Forum Financial Management LP raised its position in shares of iShares Russell 2000 ETF by 8.4% during the third quarter. Forum Financial Management LP now owns 3,344 shares of the exchange traded fund’s stock valued at $929,000 after buying an additional 260 shares during the last quarter. Intergy Private Wealth LLC raised its position in shares of iShares Russell 2000 ETF by 5.0% during the third quarter. Intergy Private Wealth LLC now owns 775 shares of the exchange traded fund’s stock valued at $215,000 after buying an additional 37 shares during the last quarter. Hengehold Capital Management LLC raised its position in shares of iShares Russell 2000 ETF by 3.3% during the third quarter. Hengehold Capital Management LLC now owns 103,582 shares of the exchange traded fund’s stock valued at $28,784,000 after buying an additional 3,303 shares during the last quarter. Finally, Eagle Strategies LLC raised its position in shares of iShares Russell 2000 ETF by 2.6% during the third quarter. Eagle Strategies LLC now owns 31,429 shares of the exchange traded fund’s stock valued at $8,734,000 after buying an additional 784 shares during the last quarter.

iShares Russell 2000 ETF Stock Performance

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

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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.