Miracle Mile Advisors LLC Has $1.95 Million Stock Holdings in iShares Russell 2000 ETF (NYSEARCA:IWM)

Miracle Mile Advisors LLC raised its stake in iShares Russell 2000 ETF (NYSEARCA:IWM) by 11.4% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,759 shares of the exchange traded fund’s stock after acquiring an additional 1,000 shares during the period. Miracle Mile Advisors LLC’s holdings in iShares Russell 2000 ETF were worth $1,947,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in IWM. Atala Financial Inc bought a new position in shares of iShares Russell 2000 ETF in the 4th quarter valued at $27,000. Conquis Financial LLC bought a new position in shares of iShares Russell 2000 ETF in the 4th quarter valued at $30,000. Thompson Investment Management Inc. bought a new position in shares of iShares Russell 2000 ETF in the 4th quarter valued at $32,000. Navigoe LLC bought a new position in shares of iShares Russell 2000 ETF in the 4th quarter valued at $33,000. Finally, Marshall Investment Management LLC bought a new position in shares of iShares Russell 2000 ETF in the 4th quarter valued at $35,000.

iShares Russell 2000 ETF Stock Performance

Shares of IWM opened at $211.90 on Monday. iShares Russell 2000 ETF has a 52-week low of $171.73 and a 52-week high of $244.98. The business’s fifty day moving average is $196.90 and its 200-day moving average is $213.04. The firm has a market cap of $63.54 billion, a price-to-earnings ratio of 16.63 and a beta of 1.11.

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.