Horizon Wealth Management LLC Buys Shares of 92,174 iShares Russell 2000 ETF $IWM

Horizon Wealth Management LLC bought a new position in iShares Russell 2000 ETF (NYSEARCA:IWM) in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 92,174 shares of the exchange traded fund’s stock, valued at approximately $22,859,000. iShares Russell 2000 ETF comprises about 3.4% of Horizon Wealth Management LLC’s investment portfolio, making the stock its 10th largest position.

Several other large investors also recently made changes to their positions in IWM. Bank of America Corp DE boosted its position in shares of iShares Russell 2000 ETF by 633.5% during the fourth quarter. Bank of America Corp DE now owns 43,751,735 shares of the exchange traded fund’s stock worth $10,769,927,000 after buying an additional 51,952,453 shares during the period. CTC LLC grew its holdings in iShares Russell 2000 ETF by 102.5% in the 3rd quarter. CTC LLC now owns 339,320 shares of the exchange traded fund’s stock worth $82,102,000 after buying an additional 13,804,173 shares in the last quarter. HRT Financial LP increased its position in iShares Russell 2000 ETF by 112.9% in the 4th quarter. HRT Financial LP now owns 4,119,165 shares of the exchange traded fund’s stock valued at $1,013,973,000 after acquiring an additional 2,184,265 shares during the period. Jump Financial LLC increased its position in iShares Russell 2000 ETF by 452.0% in the 4th quarter. Jump Financial LLC now owns 1,655,028 shares of the exchange traded fund’s stock valued at $407,402,000 after acquiring an additional 1,355,215 shares during the period. Finally, Durable Capital Partners LP raised its stake in iShares Russell 2000 ETF by 105.5% during the 2nd quarter. Durable Capital Partners LP now owns 2,596,668 shares of the exchange traded fund’s stock valued at $560,335,000 after acquiring an additional 1,333,316 shares in the last quarter.

iShares Russell 2000 ETF Stock Performance

Shares of IWM opened at $299.32 on Thursday. iShares Russell 2000 ETF has a one year low of $212.34 and a one year high of $302.72. The stock’s fifty day moving average is $286.59 and its 200-day moving average is $267.72. The firm has a market capitalization of $81.85 billion, a price-to-earnings ratio of 17.69 and a beta of 1.10.

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.