SHP Wealth Management Makes New Investment in iShares Russell 2000 ETF $IWM

SHP Wealth Management purchased a new position in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 2,217 shares of the exchange traded fund’s stock, valued at approximately $546,000.

A number of other institutional investors have also modified their holdings of IWM. Bank of Hawaii lifted its stake in shares of iShares Russell 2000 ETF by 9.0% during the 4th quarter. Bank of Hawaii now owns 1,810 shares of the exchange traded fund’s stock worth $446,000 after purchasing an additional 150 shares during the period. Amicus Financial Advisors LLC acquired a new stake in shares of iShares Russell 2000 ETF during the fourth quarter worth $428,000. KW Wealth Management LLC grew its position in shares of iShares Russell 2000 ETF by 4.5% in the fourth quarter. KW Wealth Management LLC now owns 1,432 shares of the exchange traded fund’s stock valued at $353,000 after purchasing an additional 62 shares during the period. MidFirst Bank purchased a new stake in shares of iShares Russell 2000 ETF in the fourth quarter valued at $3,129,000. Finally, Macco Financial Group Inc. purchased a new stake in shares of iShares Russell 2000 ETF in the fourth quarter valued at $2,671,000.

iShares Russell 2000 ETF Stock Performance

NYSEARCA IWM opened at $295.59 on Friday. The business’s 50-day moving average price is $281.83 and its 200 day moving average price is $264.94. iShares Russell 2000 ETF has a twelve month low of $206.81 and a twelve month high of $297.91. The company has a market capitalization of $82.09 billion, a PE ratio of 17.69 and a beta of 1.11.

iShares Russell 2000 ETF Company 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.