iShares Russell 2000 ETF $IWM Stock: Summit Wealth Group LLC Co. Increases Stake

Summit Wealth Group LLC Co. grew its stake in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 798.4% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 12,110 shares of the exchange traded fund’s stock after purchasing an additional 10,762 shares during the quarter. Summit Wealth Group LLC Co.’s holdings in iShares Russell 2000 ETF were worth $3,365,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. AIA Group Ltd increased its stake in shares of iShares Russell 2000 ETF by 181.5% in the first quarter. AIA Group Ltd now owns 1,864,118 shares of the exchange traded fund’s stock worth $462,301,000 after buying an additional 1,201,808 shares during the period. Wolfstich Capital LLC raised its holdings in iShares Russell 2000 ETF by 44,992.3% during the 3rd quarter. Wolfstich Capital LLC now owns 542,460 shares of the exchange traded fund’s stock valued at $150,744,000 after buying an additional 541,257 shares during the last quarter. USA Financial Formulas boosted its position in iShares Russell 2000 ETF by 15,520.1% during the 1st quarter. USA Financial Formulas now owns 435,956 shares of the exchange traded fund’s stock valued at $108,117,000 after buying an additional 433,165 shares during the period. Fifth Third Bancorp boosted its position in iShares Russell 2000 ETF by 61.6% during the 1st quarter. Fifth Third Bancorp now owns 957,068 shares of the exchange traded fund’s stock valued at $237,353,000 after buying an additional 364,779 shares during the period. Finally, Ferguson Wellman Capital Management Inc. purchased a new stake in iShares Russell 2000 ETF during the 1st quarter valued at $66,960,000.

iShares Russell 2000 ETF Stock Down 0.1%

Shares of iShares Russell 2000 ETF stock opened at $279.14 on Tuesday. The firm has a market cap of $75.35 billion, a PE ratio of 17.69 and a beta of 1.13. iShares Russell 2000 ETF has a 12-month low of $228.90 and a 12-month high of $305.18. The company’s fifty day simple moving average is $283.86 and its two-hundred day simple moving average is $278.65.

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.