Marin Bay Wealth Advisors LLC Purchases 16,639 Shares of iShares Russell 2000 ETF $IWM

Marin Bay Wealth Advisors LLC lifted its holdings in iShares Russell 2000 ETF (NYSEARCA:IWM) by 940.6% during the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 18,408 shares of the exchange traded fund’s stock after buying an additional 16,639 shares during the period. iShares Russell 2000 ETF makes up approximately 1.4% of Marin Bay Wealth Advisors LLC’s portfolio, making the stock its 12th biggest holding. Marin Bay Wealth Advisors LLC’s holdings in iShares Russell 2000 ETF were worth $4,565,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of IWM. DSG Capital Advisors LLC bought a new stake in iShares Russell 2000 ETF in the 4th quarter valued at about $1,354,000. Horizon Wealth Management LLC purchased a new position in shares of iShares Russell 2000 ETF in the first quarter worth about $22,859,000. Westwood Wealth Management bought a new stake in shares of iShares Russell 2000 ETF in the fourth quarter valued at approximately $820,000. Apollon Wealth Management LLC raised its position in shares of iShares Russell 2000 ETF by 26.4% in the fourth quarter. Apollon Wealth Management LLC now owns 14,877 shares of the exchange traded fund’s stock valued at $3,662,000 after purchasing an additional 3,107 shares during the period. Finally, Bryn Mawr Trust Advisors LLC raised its position in shares of iShares Russell 2000 ETF by 37.8% in the first quarter. Bryn Mawr Trust Advisors LLC now owns 9,676 shares of the exchange traded fund’s stock valued at $2,400,000 after purchasing an additional 2,654 shares during the period.

iShares Russell 2000 ETF Trading Up 1.4%

Shares of IWM stock opened at $296.54 on Wednesday. The firm’s 50 day moving average is $291.22 and its 200 day moving average is $272.16. The stock has a market capitalization of $82.41 billion, a P/E ratio of 17.69 and a beta of 1.10. iShares Russell 2000 ETF has a 12 month low of $212.34 and a 12 month high of $302.72.

About iShares Russell 2000 ETF

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.