International Assets Investment Management LLC Acquires 5,647 Shares of iShares Russell 2000 ETF $IWM

International Assets Investment Management LLC lifted its holdings in iShares Russell 2000 ETF (NYSEARCA:IWM) by 50.9% in the first quarter, HoldingsChannel reports. The fund owned 16,749 shares of the exchange traded fund’s stock after buying an additional 5,647 shares during the period. International Assets Investment Management LLC’s holdings in iShares Russell 2000 ETF were worth $4,180,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in IWM. Acumen Wealth Advisors LLC purchased a new position in shares of iShares Russell 2000 ETF in the fourth quarter valued at about $27,000. Measured Wealth Private Client Group LLC bought a new position in shares of iShares Russell 2000 ETF during the third quarter valued at approximately $28,000. Osbon Capital Management LLC bought a new position in shares of iShares Russell 2000 ETF during the fourth quarter valued at $31,000. Columbia Asset Management purchased a new position in iShares Russell 2000 ETF in the fourth quarter worth about $32,000. Finally, Tower View Wealth Management LLC purchased a new stake in shares of iShares Russell 2000 ETF during the 1st quarter valued at about $32,000.

iShares Russell 2000 ETF Price Performance

Shares of IWM traded down $1.25 on Friday, reaching $295.99. The company’s stock had a trading volume of 15,882,220 shares, compared to its average volume of 35,758,820. iShares Russell 2000 ETF has a 12-month low of $212.34 and a 12-month high of $302.72. The stock has a market capitalization of $82.29 billion, a P/E ratio of 17.69 and a beta of 1.10. The stock’s 50 day simple moving average is $289.60 and its two-hundred day simple moving average is $269.86.

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.