Greenwood Gearhart Inc. Grows Position in iShares Russell 2000 ETF $IWM

Greenwood Gearhart Inc. lifted its position in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 5.4% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 161,281 shares of the exchange traded fund’s stock after purchasing an additional 8,309 shares during the quarter. iShares Russell 2000 ETF comprises 2.2% of Greenwood Gearhart Inc.’s investment portfolio, making the stock its 17th biggest holding. Greenwood Gearhart Inc. owned approximately 0.06% of iShares Russell 2000 ETF worth $34,803,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. JB Capital LLC purchased a new stake in shares of iShares Russell 2000 ETF in the 2nd quarter worth about $226,000. M1 Capital Management LLC boosted its stake in iShares Russell 2000 ETF by 14.6% during the second quarter. M1 Capital Management LLC now owns 3,215 shares of the exchange traded fund’s stock worth $694,000 after acquiring an additional 409 shares in the last quarter. Pinion Investment Advisors LLC purchased a new stake in iShares Russell 2000 ETF in the second quarter worth about $442,000. Coordinated Financial Services Inc. purchased a new stake in iShares Russell 2000 ETF in the second quarter worth about $1,215,000. Finally, Horizon Bancorp Inc. IN increased its stake in shares of iShares Russell 2000 ETF by 5.1% during the second quarter. Horizon Bancorp Inc. IN now owns 22,866 shares of the exchange traded fund’s stock valued at $4,934,000 after purchasing an additional 1,109 shares in the last quarter.

iShares Russell 2000 ETF Stock Down 3.0%

Shares of IWM opened at $237.79 on Friday. The stock has a market cap of $67.57 billion, a P/E ratio of 17.69 and a beta of 1.15. The business’s 50 day moving average price is $235.37 and its 200-day moving average price is $216.18. iShares Russell 2000 ETF has a 52 week low of $171.73 and a 52 week high of $248.48.

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.