FSA Wealth Partners Inc. Boosts Stake in iShares Russell 2000 ETF $IWM

FSA Wealth Partners Inc. raised its position in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 292.5% during the 3rd quarter, Holdings Channel reports. The fund owned 25,522 shares of the exchange traded fund’s stock after purchasing an additional 19,020 shares during the period. iShares Russell 2000 ETF makes up approximately 2.4% of FSA Wealth Partners Inc.’s investment portfolio, making the stock its 11th biggest position. FSA Wealth Partners Inc.’s holdings in iShares Russell 2000 ETF were worth $6,175,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Quaker Wealth Management LLC increased its position in shares of iShares Russell 2000 ETF by 211.1% during the 2nd quarter. Quaker Wealth Management LLC now owns 120 shares of the exchange traded fund’s stock valued at $26,000 after purchasing an additional 228 shares during the last quarter. Pingora Partners LLC purchased a new stake in shares of iShares Russell 2000 ETF during the second quarter valued at $32,000. Beacon Capital Management Inc. purchased a new stake in iShares Russell 2000 ETF in the 2nd quarter valued at about $35,000. Pineridge Advisors LLC boosted its holdings in shares of iShares Russell 2000 ETF by 93.9% in the second quarter. Pineridge Advisors LLC now owns 190 shares of the exchange traded fund’s stock valued at $41,000 after purchasing an additional 92 shares during the period. Finally, IMG Wealth Management Inc. lifted its holdings in shares of iShares Russell 2000 ETF by 67.7% in the 2nd quarter. IMG Wealth Management Inc. now owns 208 shares of the exchange traded fund’s stock worth $45,000 after buying an additional 84 shares during the period.

iShares Russell 2000 ETF Price Performance

Shares of iShares Russell 2000 ETF stock opened at $259.65 on Friday. The firm’s 50-day moving average is $254.72 and its two-hundred day moving average is $242.52. iShares Russell 2000 ETF has a 1 year low of $171.73 and a 1 year high of $271.60. The stock has a market cap of $75.03 billion, a price-to-earnings ratio of 17.69 and a beta of 1.13.

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.