Geneos Wealth Management Inc. Has $8.61 Million Stock Position in iShares Russell 2000 ETF $IWM

Geneos Wealth Management Inc. reduced its position in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 15.9% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 34,709 shares of the exchange traded fund’s stock after selling 6,545 shares during the period. Geneos Wealth Management Inc.’s holdings in iShares Russell 2000 ETF were worth $8,608,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in IWM. Acumen Wealth Advisors LLC bought a new position in shares of iShares Russell 2000 ETF in the fourth quarter valued at approximately $27,000. Measured Wealth Private Client Group LLC bought a new stake in iShares Russell 2000 ETF during the 3rd quarter worth approximately $28,000. Osbon Capital Management LLC acquired a new stake in iShares Russell 2000 ETF during the 4th quarter valued at $31,000. Columbia Asset Management acquired a new stake in iShares Russell 2000 ETF during the 4th quarter valued at $32,000. Finally, Tower View Wealth Management LLC bought a new position in iShares Russell 2000 ETF in the 1st quarter valued at $32,000.

iShares Russell 2000 ETF Stock Performance

Shares of IWM opened at $295.77 on Thursday. The company has a market cap of $83.33 billion, a price-to-earnings ratio of 17.69 and a beta of 1.10. The stock has a fifty day moving average price of $290.33 and a two-hundred day moving average price of $270.87. iShares Russell 2000 ETF has a 52-week low of $212.34 and a 52-week high of $302.72.

iShares Russell 2000 ETF 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.