Wealth Alliance LLC Invests $1.28 Million in iShares Russell 2000 ETF $IWM

Wealth Alliance LLC acquired a new stake in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) during the 3rd quarter, Holdings Channel reports. The fund acquired 5,288 shares of the exchange traded fund’s stock, valued at approximately $1,279,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Quaker Wealth Management LLC lifted its stake in shares of iShares Russell 2000 ETF by 211.1% in the second quarter. Quaker Wealth Management LLC now owns 120 shares of the exchange traded fund’s stock worth $26,000 after buying an additional 228 shares in the last quarter. Abich Financial Wealth Management LLC purchased a new position in iShares Russell 2000 ETF in the 3rd quarter worth approximately $30,000. Pingora Partners LLC bought a new position in iShares Russell 2000 ETF in the 2nd quarter valued at approximately $32,000. Beacon Capital Management Inc. purchased a new stake in iShares Russell 2000 ETF during the 2nd quarter valued at $35,000. Finally, Pineridge Advisors LLC boosted its stake in iShares Russell 2000 ETF by 93.9% during the 2nd 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 last quarter.

iShares Russell 2000 ETF Trading Up 0.0%

iShares Russell 2000 ETF stock opened at $264.61 on Friday. iShares Russell 2000 ETF has a 12 month low of $171.73 and a 12 month high of $271.60. The stock has a fifty day simple moving average of $258.84 and a two-hundred day simple moving average of $246.65. The firm has a market cap of $75.37 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.