Cherry Tree Wealth Management LLC Has $1.08 Million Stake in iShares Russell 2000 ETF $IWM

Cherry Tree Wealth Management LLC raised its holdings in iShares Russell 2000 ETF (NYSEARCA:IWM) by 93.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 4,397 shares of the exchange traded fund’s stock after acquiring an additional 2,121 shares during the period. Cherry Tree Wealth Management LLC’s holdings in iShares Russell 2000 ETF were worth $1,082,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in IWM. LGL Partners LLC lifted its holdings in shares of iShares Russell 2000 ETF by 0.3% in the fourth quarter. LGL Partners LLC now owns 11,916 shares of the exchange traded fund’s stock valued at $2,933,000 after purchasing an additional 38 shares in the last quarter. Rinkey Investments lifted its holdings in shares of iShares Russell 2000 ETF by 2.7% in the fourth quarter. Rinkey Investments now owns 1,526 shares of the exchange traded fund’s stock valued at $376,000 after purchasing an additional 40 shares in the last quarter. Moody Lynn & Lieberson LLC lifted its holdings in shares of iShares Russell 2000 ETF by 0.8% in the fourth quarter. Moody Lynn & Lieberson LLC now owns 5,103 shares of the exchange traded fund’s stock valued at $1,256,000 after purchasing an additional 41 shares in the last quarter. Northern Financial Advisors Inc lifted its holdings in shares of iShares Russell 2000 ETF by 4.1% in the third quarter. Northern Financial Advisors Inc now owns 1,144 shares of the exchange traded fund’s stock valued at $277,000 after purchasing an additional 45 shares in the last quarter. Finally, Punch & Associates Investment Management Inc. lifted its holdings in shares of iShares Russell 2000 ETF by 32.1% in the third quarter. Punch & Associates Investment Management Inc. now owns 185 shares of the exchange traded fund’s stock valued at $45,000 after purchasing an additional 45 shares in the last quarter.

iShares Russell 2000 ETF Price Performance

Shares of iShares Russell 2000 ETF stock opened at $290.43 on Friday. The firm has a market cap of $80.65 billion, a price-to-earnings ratio of 17.69 and a beta of 1.11. The stock’s 50-day moving average is $269.62 and its 200-day moving average is $259.73. iShares Russell 2000 ETF has a one year low of $202.67 and a one year high of $292.74.

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.