Cornerstone Wealth Group LLC Has $2.64 Million Stock Holdings in iShares Russell 2000 ETF (NYSEARCA:IWM)

Cornerstone Wealth Group LLC cut its position in iShares Russell 2000 ETF (NYSEARCA:IWM) by 48.7% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 13,219 shares of the exchange traded fund’s stock after selling 12,555 shares during the period. Cornerstone Wealth Group LLC’s holdings in iShares Russell 2000 ETF were worth $2,637,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of the company. Proficio Capital Partners LLC acquired a new stake in shares of iShares Russell 2000 ETF during the fourth quarter worth $4,672,147,000. Jones Financial Companies Lllp raised its holdings in shares of iShares Russell 2000 ETF by 4.4% during the fourth quarter. Jones Financial Companies Lllp now owns 8,441,577 shares of the exchange traded fund’s stock worth $1,865,251,000 after acquiring an additional 352,358 shares during the period. Rafferty Asset Management LLC raised its holdings in shares of iShares Russell 2000 ETF by 0.4% during the fourth quarter. Rafferty Asset Management LLC now owns 7,929,117 shares of the exchange traded fund’s stock worth $1,752,018,000 after acquiring an additional 28,343 shares during the period. Northern Trust Corp raised its holdings in shares of iShares Russell 2000 ETF by 5.5% during the fourth quarter. Northern Trust Corp now owns 4,022,610 shares of the exchange traded fund’s stock worth $888,836,000 after acquiring an additional 209,752 shares during the period. Finally, Ameriprise Financial Inc. raised its holdings in shares of iShares Russell 2000 ETF by 12.4% during the fourth quarter. Ameriprise Financial Inc. now owns 1,937,378 shares of the exchange traded fund’s stock worth $428,017,000 after acquiring an additional 212,992 shares during the period.

iShares Russell 2000 ETF Stock Up 1.2%

Shares of NYSEARCA:IWM opened at $211.77 on Tuesday. The firm has a market cap of $63.50 billion, a price-to-earnings ratio of 16.63 and a beta of 1.11. iShares Russell 2000 ETF has a 12 month low of $171.73 and a 12 month high of $244.98. The company’s fifty day simple moving average is $202.66 and its 200 day simple moving average is $210.79.

iShares Russell 2000 ETF Company 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.