Capstone Wealth Management Group LLC Purchases Shares of 19,073 iShares Russell 2000 ETF $IWM

Capstone Wealth Management Group LLC purchased a new position in iShares Russell 2000 ETF (NYSEARCA:IWM) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 19,073 shares of the exchange traded fund’s stock, valued at approximately $4,730,000. iShares Russell 2000 ETF makes up 2.0% of Capstone Wealth Management Group LLC’s holdings, making the stock its 17th biggest position.

Several other institutional investors have also recently made changes to their positions in the stock. Bank of America Corp DE grew its stake in shares of iShares Russell 2000 ETF by 633.5% during the 4th quarter. Bank of America Corp DE now owns 43,751,735 shares of the exchange traded fund’s stock valued at $10,769,927,000 after acquiring an additional 51,952,453 shares during the period. Rafferty Asset Management LLC lifted its holdings in iShares Russell 2000 ETF by 10.6% during the second quarter. Rafferty Asset Management LLC now owns 6,747,829 shares of the exchange traded fund’s stock valued at $1,456,114,000 after purchasing an additional 648,801 shares in the last quarter. Northern Trust Corp lifted its holdings in iShares Russell 2000 ETF by 3.2% during the fourth quarter. Northern Trust Corp now owns 4,252,572 shares of the exchange traded fund’s stock valued at $1,046,813,000 after purchasing an additional 130,667 shares in the last quarter. HRT Financial LP boosted its position in shares of iShares Russell 2000 ETF by 112.9% in the fourth quarter. HRT Financial LP now owns 4,119,165 shares of the exchange traded fund’s stock worth $1,013,973,000 after purchasing an additional 2,184,265 shares during the period. Finally, Durable Capital Partners LP increased its stake in shares of iShares Russell 2000 ETF by 105.5% in the second quarter. Durable Capital Partners LP now owns 2,596,668 shares of the exchange traded fund’s stock worth $560,335,000 after purchasing an additional 1,333,316 shares in the last quarter.

iShares Russell 2000 ETF Price Performance

Shares of IWM stock opened at $296.19 on Wednesday. iShares Russell 2000 ETF has a one year low of $212.34 and a one year high of $302.72. The company’s fifty day moving average price is $288.33 and its 200-day moving average price is $269.04. The company has a market capitalization of $81.33 billion, a price-to-earnings ratio of 17.69 and a beta of 1.10.

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.