iShares Russell 2000 ETF $IWM Stock Holdings Boosted by Cornerstone Wealth Management LLC

Cornerstone Wealth Management LLC lifted its position in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 401.3% in the 4th quarter, Holdings Channel reports. The fund owned 45,978 shares of the exchange traded fund’s stock after buying an additional 36,806 shares during the period. Cornerstone Wealth Management LLC’s holdings in iShares Russell 2000 ETF were worth $11,318,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of the company. Rinkey Investments grew its position in shares of iShares Russell 2000 ETF by 2.7% during the fourth quarter. Rinkey Investments now owns 1,526 shares of the exchange traded fund’s stock worth $376,000 after acquiring an additional 40 shares during the last quarter. Moody Lynn & Lieberson LLC grew its position in shares of iShares Russell 2000 ETF by 0.8% during the fourth quarter. Moody Lynn & Lieberson LLC now owns 5,103 shares of the exchange traded fund’s stock worth $1,256,000 after acquiring an additional 41 shares during the last quarter. Northern Financial Advisors Inc grew its position in shares of iShares Russell 2000 ETF by 4.1% during the third quarter. Northern Financial Advisors Inc now owns 1,144 shares of the exchange traded fund’s stock worth $277,000 after acquiring an additional 45 shares during the last quarter. Punch & Associates Investment Management Inc. grew its position in shares of iShares Russell 2000 ETF by 32.1% during the third quarter. Punch & Associates Investment Management Inc. now owns 185 shares of the exchange traded fund’s stock worth $45,000 after acquiring an additional 45 shares during the last quarter. Finally, Ameriflex Group Inc. grew its position in shares of iShares Russell 2000 ETF by 8.1% during the third quarter. Ameriflex Group Inc. now owns 642 shares of the exchange traded fund’s stock worth $155,000 after acquiring an additional 48 shares during the last quarter.

iShares Russell 2000 ETF Stock Up 0.6%

Shares of IWM opened at $284.45 on Friday. The firm has a 50-day moving average price of $262.54 and a 200 day moving average price of $256.82. The firm has a market capitalization of $78.99 billion, a PE ratio of 17.69 and a beta of 1.11. iShares Russell 2000 ETF has a 52-week low of $199.65 and a 52-week high of $287.58.

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.