Capstone Wealth Management Group LLC Invests $4.73 Million in iShares Russell 2000 ETF $IWM

Capstone Wealth Management Group LLC purchased a new stake in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 19,073 shares of the exchange traded fund’s stock, valued at approximately $4,730,000. iShares Russell 2000 ETF makes up approximately 2.0% of Capstone Wealth Management Group LLC’s portfolio, making the stock its 17th biggest position.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the company. Acumen Wealth Advisors LLC purchased a new position in iShares Russell 2000 ETF in the 4th quarter worth approximately $27,000. Measured Wealth Private Client Group LLC purchased a new position in iShares Russell 2000 ETF in the third quarter worth about $28,000. Osbon Capital Management LLC bought a new stake in shares of iShares Russell 2000 ETF during the 4th quarter valued at about $31,000. Columbia Asset Management bought a new stake in shares of iShares Russell 2000 ETF during the 4th quarter valued at about $32,000. Finally, Tucker Asset Management LLC purchased a new stake in shares of iShares Russell 2000 ETF during the 4th quarter valued at about $32,000.

iShares Russell 2000 ETF Stock Down 0.9%

Shares of NYSEARCA:IWM opened at $296.19 on Wednesday. The stock has a market capitalization of $81.33 billion, a PE ratio of 17.69 and a beta of 1.10. The firm’s 50 day moving average price is $288.33 and its 200-day moving average price is $269.04. iShares Russell 2000 ETF has a twelve month low of $212.34 and a twelve month high of $302.72.

iShares Russell 2000 ETF Company 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.