iShares Russell 2000 ETF $IWM Stake Boosted by Diversify Wealth Management LLC

Diversify Wealth Management LLC lifted its stake in iShares Russell 2000 ETF (NYSEARCA:IWM) by 2,303.8% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 106,321 shares of the exchange traded fund’s stock after acquiring an additional 101,898 shares during the quarter. Diversify Wealth Management LLC’s holdings in iShares Russell 2000 ETF were worth $28,928,000 as of its most recent filing with the Securities and Exchange Commission.

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

iShares Russell 2000 ETF Price Performance

IWM traded down $1.25 during midday trading on Friday, hitting $295.99. 15,882,220 shares of the company’s stock traded hands, compared to its average volume of 35,758,820. The company has a market cap of $82.29 billion, a PE ratio of 17.69 and a beta of 1.10. The stock’s fifty day simple moving average is $289.60 and its 200-day simple moving average is $269.86. iShares Russell 2000 ETF has a one year low of $212.34 and a one year 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.