Seamount Financial Group Inc. Has $2.71 Million Stake in iShares Russell 2000 ETF $IWM

Seamount Financial Group Inc. grew its stake in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 15.9% in the second quarter, according to its most recent disclosure with the SEC. The fund owned 12,544 shares of the exchange traded fund’s stock after buying an additional 1,719 shares during the period. iShares Russell 2000 ETF makes up 1.4% of Seamount Financial Group Inc.’s investment portfolio, making the stock its 22nd biggest holding. Seamount Financial Group Inc.’s holdings in iShares Russell 2000 ETF were worth $2,707,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in IWM. Opal Wealth Advisors LLC acquired a new position in iShares Russell 2000 ETF in the 2nd quarter valued at approximately $28,000. Financial Network Wealth Advisors LLC acquired a new stake in shares of iShares Russell 2000 ETF during the 1st quarter worth approximately $29,000. Brooklyn Investment Group bought a new stake in shares of iShares Russell 2000 ETF during the first quarter valued at approximately $30,000. Proathlete Wealth Management LLC acquired a new position in shares of iShares Russell 2000 ETF in the second quarter valued at $30,000. Finally, 1 North Wealth Services LLC acquired a new position in shares of iShares Russell 2000 ETF in the first quarter valued at $34,000.

iShares Russell 2000 ETF Price Performance

IWM opened at $246.81 on Tuesday. iShares Russell 2000 ETF has a fifty-two week low of $171.73 and a fifty-two week high of $248.48. The firm’s fifty day moving average price is $233.46 and its two-hundred day moving average price is $215.31. The company has a market capitalization of $71.19 billion, a P/E ratio of 17.69 and a beta of 1.15.

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.