Savvy Advisors Inc. Buys 2,218 Shares of iShares Russell 2000 ETF $IWM

Savvy Advisors Inc. boosted its stake in iShares Russell 2000 ETF (NYSEARCA:IWM) by 41.1% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 7,612 shares of the exchange traded fund’s stock after purchasing an additional 2,218 shares during the quarter. Savvy Advisors Inc.’s holdings in iShares Russell 2000 ETF were worth $1,842,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Quaker Wealth Management LLC increased its holdings in shares of iShares Russell 2000 ETF by 211.1% in the second quarter. Quaker Wealth Management LLC now owns 120 shares of the exchange traded fund’s stock worth $26,000 after purchasing an additional 228 shares during the last quarter. Pingora Partners LLC bought a new stake in iShares Russell 2000 ETF in the 2nd quarter worth approximately $32,000. Beacon Capital Management Inc. purchased a new stake in shares of iShares Russell 2000 ETF during the 2nd quarter worth approximately $35,000. Pineridge Advisors LLC boosted its position in shares of iShares Russell 2000 ETF by 93.9% during the 2nd quarter. Pineridge Advisors LLC now owns 190 shares of the exchange traded fund’s stock valued at $41,000 after acquiring an additional 92 shares during the last quarter. Finally, IMG Wealth Management Inc. grew its holdings in shares of iShares Russell 2000 ETF by 67.7% in the second quarter. IMG Wealth Management Inc. now owns 208 shares of the exchange traded fund’s stock valued at $45,000 after purchasing an additional 84 shares in the last quarter.

iShares Russell 2000 ETF Stock Down 2.0%

iShares Russell 2000 ETF stock opened at $259.54 on Friday. iShares Russell 2000 ETF has a 52-week low of $171.73 and a 52-week high of $271.60. The firm’s fifty day moving average is $257.59 and its 200 day moving average is $244.84. The company has a market cap of $73.93 billion, a price-to-earnings ratio of 17.69 and a beta of 1.13.

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.