SteelPeak Wealth LLC Has $20.20 Million Stock Position in iShares Russell 2000 ETF $IWM

SteelPeak Wealth LLC boosted its stake in iShares Russell 2000 ETF (NYSEARCA:IWM) by 12.0% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 93,620 shares of the exchange traded fund’s stock after acquiring an additional 10,051 shares during the period. SteelPeak Wealth LLC’s holdings in iShares Russell 2000 ETF were worth $20,202,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the company. Goldman Sachs Group Inc. raised its stake in iShares Russell 2000 ETF by 1,186.6% during the first quarter. Goldman Sachs Group Inc. now owns 51,271,785 shares of the exchange traded fund’s stock worth $10,228,208,000 after buying an additional 47,286,837 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in iShares Russell 2000 ETF by 59.8% during the 1st quarter. JPMorgan Chase & Co. now owns 6,044,142 shares of the exchange traded fund’s stock worth $1,205,746,000 after acquiring an additional 2,262,696 shares during the period. Canada Pension Plan Investment Board raised its position in shares of iShares Russell 2000 ETF by 74.7% in the 1st quarter. Canada Pension Plan Investment Board now owns 3,010,000 shares of the exchange traded fund’s stock worth $600,465,000 after acquiring an additional 1,287,000 shares in the last quarter. 59 North Capital Management LP lifted its stake in shares of iShares Russell 2000 ETF by 107.8% in the 1st quarter. 59 North Capital Management LP now owns 1,731,163 shares of the exchange traded fund’s stock valued at $345,350,000 after purchasing an additional 898,067 shares during the period. Finally, Alaska Permanent Fund Corp lifted its stake in shares of iShares Russell 2000 ETF by 286.9% in the 1st quarter. Alaska Permanent Fund Corp now owns 1,197,502 shares of the exchange traded fund’s stock valued at $233,345,000 after purchasing an additional 887,984 shares during the period.

iShares Russell 2000 ETF Price Performance

NYSEARCA IWM opened at $246.81 on Tuesday. The business has a 50 day simple moving average of $233.46 and a 200 day simple moving average of $215.31. iShares Russell 2000 ETF has a one year low of $171.73 and a one year high of $248.48. The stock has a market capitalization of $71.19 billion, a P/E ratio of 17.69 and a beta of 1.15.

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.