49 Wealth Management LLC Buys 116 Shares of iShares Russell 2000 ETF (NYSEARCA:IWM)

49 Wealth Management LLC lifted its stake in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 7.4% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 1,688 shares of the exchange traded fund’s stock after acquiring an additional 116 shares during the period. 49 Wealth Management LLC’s holdings in iShares Russell 2000 ETF were worth $337,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of IWM. Wealthfront Advisers LLC grew its holdings in iShares Russell 2000 ETF by 45,890.5% during the fourth quarter. Wealthfront Advisers LLC now owns 1,394,893 shares of the exchange traded fund’s stock worth $308,216,000 after buying an additional 1,391,860 shares in the last quarter. GAMMA Investing LLC boosted its holdings in iShares Russell 2000 ETF by 25,821.0% during the 1st quarter. GAMMA Investing LLC now owns 998,735 shares of the exchange traded fund’s stock worth $199,238,000 after acquiring an additional 994,882 shares during the last quarter. Alliancebernstein L.P. grew its stake in shares of iShares Russell 2000 ETF by 90.0% in the 4th quarter. Alliancebernstein L.P. now owns 1,079,970 shares of the exchange traded fund’s stock worth $238,630,000 after acquiring an additional 511,699 shares in the last quarter. IMC Chicago LLC raised its holdings in shares of iShares Russell 2000 ETF by 135.9% in the first quarter. IMC Chicago LLC now owns 844,413 shares of the exchange traded fund’s stock valued at $168,452,000 after purchasing an additional 486,396 shares during the last quarter. Finally, Leigh Baldwin & CO. LLC purchased a new stake in shares of iShares Russell 2000 ETF in the fourth quarter valued at about $92,118,000.

iShares Russell 2000 ETF Stock Performance

iShares Russell 2000 ETF stock opened at $219.73 on Tuesday. The stock has a market cap of $65.80 billion, a PE 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 $244.98. The firm’s 50-day simple moving average is $208.45 and its 200 day simple moving average is $209.88.

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.