NewEdge Wealth LLC Boosts Position in iShares Russell 2000 ETF $IWM

NewEdge Wealth LLC lifted its stake in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 38.0% during the 4th quarter, Holdings Channel reports. The fund owned 32,057 shares of the exchange traded fund’s stock after buying an additional 8,826 shares during the quarter. NewEdge Wealth LLC’s holdings in iShares Russell 2000 ETF were worth $7,891,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of IWM. Investment Counsel Co. of Nevada purchased a new position in shares of iShares Russell 2000 ETF during the 3rd quarter worth $26,000. Measured Wealth Private Client Group LLC purchased a new position in shares of iShares Russell 2000 ETF during the 3rd quarter worth $28,000. Abich Financial Wealth Management LLC purchased a new position in shares of iShares Russell 2000 ETF during the 3rd quarter worth $30,000. Columbia Asset Management purchased a new position in shares of iShares Russell 2000 ETF during the 4th quarter worth $32,000. Finally, FWL Investment Management LLC raised its holdings in shares of iShares Russell 2000 ETF by 340.0% during the 3rd quarter. FWL Investment Management LLC now owns 132 shares of the exchange traded fund’s stock worth $32,000 after acquiring an additional 102 shares during the period.

iShares Russell 2000 ETF Stock Performance

Shares of IWM opened at $284.17 on Monday. The firm has a market cap of $78.91 billion, a P/E ratio of 17.69 and a beta of 1.11. iShares Russell 2000 ETF has a 12-month low of $199.65 and a 12-month high of $287.58. The company’s 50-day moving average price is $260.45 and its 200 day moving average price is $255.52.

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.