Elm Partners Management LLC Makes New Investment in iShares Russell 2000 ETF $IWM

Elm Partners Management LLC bought a new position in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) in the 3rd quarter, according to its most recent 13F filing with the SEC. The fund bought 2,258 shares of the exchange traded fund’s stock, valued at approximately $546,000.

A number of other institutional investors and hedge funds also recently modified their holdings of IWM. Bernard Wealth Management Corp. increased its stake in iShares Russell 2000 ETF by 0.8% in the second quarter. Bernard Wealth Management Corp. now owns 5,976 shares of the exchange traded fund’s stock valued at $1,290,000 after purchasing an additional 47 shares in the last quarter. Thoroughbred Financial Services LLC boosted its position in shares of iShares Russell 2000 ETF by 1.5% during the second quarter. Thoroughbred Financial Services LLC now owns 3,277 shares of the exchange traded fund’s stock worth $707,000 after purchasing an additional 48 shares in the last quarter. Crowley Wealth Management Inc. grew its holdings in shares of iShares Russell 2000 ETF by 8.1% in the 3rd quarter. Crowley Wealth Management Inc. now owns 665 shares of the exchange traded fund’s stock valued at $161,000 after buying an additional 50 shares during the period. Smart Portfolios LLC increased its position in shares of iShares Russell 2000 ETF by 3.7% in the 3rd quarter. Smart Portfolios LLC now owns 1,388 shares of the exchange traded fund’s stock valued at $336,000 after buying an additional 50 shares in the last quarter. Finally, Traynor Capital Management Inc. increased its position in shares of iShares Russell 2000 ETF by 5.0% in the 3rd quarter. Traynor Capital Management Inc. now owns 1,077 shares of the exchange traded fund’s stock valued at $261,000 after buying an additional 51 shares in the last quarter.

iShares Russell 2000 ETF Trading Up 1.0%

NYSEARCA:IWM opened at $262.18 on Tuesday. iShares Russell 2000 ETF has a 1 year low of $171.73 and a 1 year high of $271.60. The stock has a market cap of $75.63 billion, a price-to-earnings ratio of 17.69 and a beta of 1.13. The stock has a 50-day moving average price of $255.17 and a two-hundred day moving average price of $242.94.

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.