Valeo Financial Advisors LLC Buys 7,048 Shares of iShares Russell 2000 ETF $IWM

Valeo Financial Advisors LLC lifted its stake in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 7.4% during the second quarter, HoldingsChannel reports. The firm owned 102,909 shares of the exchange traded fund’s stock after acquiring an additional 7,048 shares during the quarter. Valeo Financial Advisors LLC’s holdings in iShares Russell 2000 ETF were worth $22,207,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the company. Farther Finance Advisors LLC lifted its position in shares of iShares Russell 2000 ETF by 18.5% in the second quarter. Farther Finance Advisors LLC now owns 28,093 shares of the exchange traded fund’s stock valued at $6,062,000 after buying an additional 4,381 shares during the last quarter. Independent Wealth Network Inc. grew its holdings in iShares Russell 2000 ETF by 2.6% in the 2nd quarter. Independent Wealth Network Inc. now owns 2,477 shares of the exchange traded fund’s stock valued at $534,000 after buying an additional 62 shares in the last quarter. Mackenzie Financial Corp increased its position in iShares Russell 2000 ETF by 6.6% during the 1st quarter. Mackenzie Financial Corp now owns 80,059 shares of the exchange traded fund’s stock worth $15,971,000 after buying an additional 4,939 shares during the period. Pasadena Private Wealth LLC acquired a new stake in shares of iShares Russell 2000 ETF during the first quarter worth $339,000. Finally, American National Bank & Trust lifted its holdings in shares of iShares Russell 2000 ETF by 52.7% during the second quarter. American National Bank & Trust now owns 11,874 shares of the exchange traded fund’s stock worth $2,562,000 after buying an additional 4,098 shares in the last quarter.

iShares Russell 2000 ETF Stock Performance

IWM stock opened at $245.83 on Monday. iShares Russell 2000 ETF has a 52 week low of $171.73 and a 52 week high of $248.09. The company has a market capitalization of $72.11 billion, a PE ratio of 17.69 and a beta of 1.15. The company’s 50-day simple moving average is $233.01 and its 200 day simple moving average is $215.01.

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.