Cherry Tree Wealth Management LLC Purchases 2,121 Shares of iShares Russell 2000 ETF $IWM

Cherry Tree Wealth Management LLC grew its position in iShares Russell 2000 ETF (NYSEARCA:IWM) by 93.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 4,397 shares of the exchange traded fund’s stock after purchasing an additional 2,121 shares during the period. Cherry Tree Wealth Management LLC’s holdings in iShares Russell 2000 ETF were worth $1,082,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of IWM. Investment Counsel Co. of Nevada bought a new stake in iShares Russell 2000 ETF during the third quarter worth about $26,000. Measured Wealth Private Client Group LLC bought a new stake in iShares Russell 2000 ETF during the third quarter worth about $28,000. Abich Financial Wealth Management LLC bought a new stake in iShares Russell 2000 ETF during the third quarter worth about $30,000. Columbia Asset Management bought a new stake in iShares Russell 2000 ETF during the fourth quarter worth about $32,000. Finally, Tucker Asset Management LLC bought a new stake in iShares Russell 2000 ETF during the fourth quarter worth about $32,000.

iShares Russell 2000 ETF Stock Performance

IWM opened at $290.43 on Friday. iShares Russell 2000 ETF has a 52-week low of $202.67 and a 52-week high of $292.74. The firm has a market capitalization of $80.65 billion, a PE ratio of 17.69 and a beta of 1.11. The business’s 50-day simple moving average is $269.62 and its 200 day simple moving average is $259.73.

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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.