Redhawk Wealth Advisors Inc. Increases Stake in iShares Russell 2000 ETF $IWM

Redhawk Wealth Advisors Inc. lifted its position in iShares Russell 2000 ETF (NYSEARCA:IWM) by 33.4% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 16,243 shares of the exchange traded fund’s stock after acquiring an additional 4,067 shares during the quarter. Redhawk Wealth Advisors Inc.’s holdings in iShares Russell 2000 ETF were worth $4,880,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the company. Acumen Wealth Advisors LLC bought a new position in iShares Russell 2000 ETF during the 4th quarter valued at about $27,000. Measured Wealth Private Client Group LLC purchased a new stake in iShares Russell 2000 ETF in the 3rd quarter worth about $28,000. Osbon Capital Management LLC bought a new stake in iShares Russell 2000 ETF in the fourth quarter worth about $31,000. Columbia Asset Management bought a new stake in iShares Russell 2000 ETF in the fourth quarter worth about $32,000. Finally, Tower View Wealth Management LLC bought a new stake in iShares Russell 2000 ETF in the first quarter worth about $32,000.

iShares Russell 2000 ETF Price Performance

Shares of NYSEARCA:IWM opened at $299.98 on Tuesday. The firm has a market capitalization of $82.57 billion, a PE ratio of 17.69 and a beta of 1.11. The business has a 50 day simple moving average of $294.31 and a two-hundred day simple moving average of $275.75. iShares Russell 2000 ETF has a 1 year low of $219.81 and a 1 year high of $303.06.

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.