LJI Wealth Management LLC Buys 7,894 Shares of iShares Russell 2000 ETF $IWM

LJI Wealth Management LLC increased its stake in iShares Russell 2000 ETF (NYSEARCA:IWM) by 7.6% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 111,716 shares of the exchange traded fund’s stock after acquiring an additional 7,894 shares during the quarter. iShares Russell 2000 ETF comprises 4.2% of LJI Wealth Management LLC’s holdings, making the stock its 5th largest holding. LJI Wealth Management LLC’s holdings in iShares Russell 2000 ETF were worth $24,107,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Cardinal Point Capital Management ULC acquired a new position in shares of iShares Russell 2000 ETF in the second quarter worth approximately $492,000. 180 Wealth Advisors LLC raised its position in shares of iShares Russell 2000 ETF by 7.9% during the second quarter. 180 Wealth Advisors LLC now owns 1,695 shares of the exchange traded fund’s stock worth $366,000 after purchasing an additional 124 shares during the period. Acuitas Investments LLC acquired a new position in shares of iShares Russell 2000 ETF during the second quarter worth approximately $798,000. FSM Wealth Advisors LLC raised its position in shares of iShares Russell 2000 ETF by 16.7% during the second quarter. FSM Wealth Advisors LLC now owns 3,268 shares of the exchange traded fund’s stock worth $718,000 after purchasing an additional 468 shares during the period. Finally, Gill Capital Partners LLC raised its position in shares of iShares Russell 2000 ETF by 16.5% during the second quarter. Gill Capital Partners LLC now owns 1,179 shares of the exchange traded fund’s stock worth $254,000 after purchasing an additional 167 shares during the period.

iShares Russell 2000 ETF Stock Up 1.3%

Shares of NYSEARCA:IWM opened at $246.42 on Friday. iShares Russell 2000 ETF has a twelve month low of $171.73 and a twelve month high of $252.77. The stock’s 50 day moving average is $239.53 and its 200-day moving average is $219.31. The firm has a market capitalization of $69.22 billion, a price-to-earnings ratio of 17.69 and a beta of 1.15.

iShares Russell 2000 ETF Company 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.