Corundum Group Inc. Has $3.38 Million Holdings in iShares Russell 2000 ETF $IWM

Corundum Group Inc. grew its stake in iShares Russell 2000 ETF (NYSEARCA:IWM) by 26.0% in the first quarter, HoldingsChannel reports. The fund owned 13,630 shares of the exchange traded fund’s stock after acquiring an additional 2,809 shares during the period. iShares Russell 2000 ETF accounts for 1.1% of Corundum Group Inc.’s holdings, making the stock its 19th largest position. Corundum Group Inc.’s holdings in iShares Russell 2000 ETF were worth $3,380,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently modified their holdings of the stock. Investment Counsel Co. of Nevada acquired a new stake in shares of iShares Russell 2000 ETF in the third quarter valued at approximately $26,000. Acumen Wealth Advisors LLC bought a new position in iShares Russell 2000 ETF in the 4th quarter worth approximately $27,000. Measured Wealth Private Client Group LLC acquired a new position in iShares Russell 2000 ETF during the 3rd quarter worth $28,000. Osbon Capital Management LLC acquired a new position in iShares Russell 2000 ETF during the 4th quarter worth $31,000. Finally, Columbia Asset Management acquired a new position in iShares Russell 2000 ETF during the 4th quarter worth $32,000.

iShares Russell 2000 ETF Stock Performance

Shares of IWM opened at $296.69 on Thursday. The business’s fifty day moving average price is $283.86 and its two-hundred day moving average price is $266.08. The firm has a market capitalization of $82.39 billion, a price-to-earnings ratio of 17.69 and a beta of 1.11. iShares Russell 2000 ETF has a 52 week low of $211.89 and a 52 week high of $299.69.

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.