Wavvest Wealth LLC Makes New Investment in iShares Russell 2000 ETF $IWM

Wavvest Wealth LLC bought a new stake in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 1,903 shares of the exchange traded fund’s stock, valued at approximately $529,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Schuylkill Financial LLC boosted its position in iShares Russell 2000 ETF by 2.4% during the third quarter. Schuylkill Financial LLC now owns 4,872 shares of the exchange traded fund’s stock valued at $1,354,000 after purchasing an additional 116 shares in the last quarter. Fifth Third Securities Inc. grew its stake in iShares Russell 2000 ETF by 24.7% in the third quarter. Fifth Third Securities Inc. now owns 26,907 shares of the exchange traded fund’s stock valued at $7,477,000 after purchasing an additional 5,324 shares during the last quarter. Capstone Capital Management Ltd purchased a new position in iShares Russell 2000 ETF in the third quarter valued at about $361,000. Innova Wealth Partners raised its holdings in iShares Russell 2000 ETF by 9.0% in the third quarter. Innova Wealth Partners now owns 2,201 shares of the exchange traded fund’s stock worth $612,000 after purchasing an additional 182 shares in the last quarter. Finally, Physician Wealth Advisors Inc. raised its holdings in iShares Russell 2000 ETF by 10.8% in the third quarter. Physician Wealth Advisors Inc. now owns 777 shares of the exchange traded fund’s stock worth $216,000 after purchasing an additional 76 shares in the last quarter.

iShares Russell 2000 ETF Stock Performance

Shares of iShares Russell 2000 ETF stock opened at $276.48 on Thursday. The company has a market capitalization of $79.32 billion, a PE ratio of 17.69 and a beta of 1.13. The company has a 50-day simple moving average of $287.36 and a two-hundred day simple moving average of $286.90. iShares Russell 2000 ETF has a one year low of $228.90 and a one year high of $305.18.

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.