Beam Wealth Advisors Inc. Has $3.36 Million Stock Holdings in iShares Russell 2000 ETF $IWM

Beam Wealth Advisors Inc. trimmed its stake in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 15.9% in the first quarter, according to the company in its most recent filing with the SEC. The firm owned 13,565 shares of the exchange traded fund’s stock after selling 2,558 shares during the quarter. Beam Wealth Advisors Inc.’s holdings in iShares Russell 2000 ETF were worth $3,364,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of IWM. DSG Capital Advisors LLC bought a new stake in shares of iShares Russell 2000 ETF during the 4th quarter worth approximately $1,354,000. Horizon Wealth Management LLC bought a new position in iShares Russell 2000 ETF in the first quarter valued at approximately $22,859,000. Westwood Wealth Management bought a new position in iShares Russell 2000 ETF in the fourth quarter valued at approximately $820,000. Apollon Wealth Management LLC raised its position in iShares Russell 2000 ETF by 26.4% during the fourth quarter. Apollon Wealth Management LLC now owns 14,877 shares of the exchange traded fund’s stock valued at $3,662,000 after purchasing an additional 3,107 shares in the last quarter. Finally, Gryphon Financial Partners LLC raised its position in iShares Russell 2000 ETF by 62.7% during the fourth quarter. Gryphon Financial Partners LLC now owns 12,180 shares of the exchange traded fund’s stock valued at $2,998,000 after purchasing an additional 4,696 shares in the last quarter.

iShares Russell 2000 ETF Price Performance

NYSEARCA IWM opened at $293.48 on Thursday. The business has a fifty day moving average price of $288.66 and a two-hundred day moving average price of $269.35. The stock has a market capitalization of $80.59 billion, a PE ratio of 17.69 and a beta of 1.10. iShares Russell 2000 ETF has a fifty-two week low of $212.34 and a fifty-two week high of $302.72.

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.