Madden Advisory Services Inc. Buys 245 Shares of iShares Russell 2000 ETF $IWM

Madden Advisory Services Inc. lifted its stake in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 12.5% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,211 shares of the exchange traded fund’s stock after acquiring an additional 245 shares during the quarter. Madden Advisory Services Inc.’s holdings in iShares Russell 2000 ETF were worth $477,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently made changes to their positions in the stock. Cortland Associates Inc. MO bought a new position in shares of iShares Russell 2000 ETF during the second quarter worth about $203,000. Venturi Wealth Management LLC raised its position in shares of iShares Russell 2000 ETF by 843.6% during the second quarter. Venturi Wealth Management LLC now owns 102,692 shares of the exchange traded fund’s stock worth $22,160,000 after acquiring an additional 91,809 shares during the last quarter. TPG Financial Advisors LLC bought a new position in shares of iShares Russell 2000 ETF during the second quarter worth about $373,000. Wise Wealth Partners raised its position in shares of iShares Russell 2000 ETF by 72.1% during the second quarter. Wise Wealth Partners now owns 2,378 shares of the exchange traded fund’s stock worth $513,000 after acquiring an additional 996 shares during the last quarter. Finally, New England Professional Planning Group Inc. raised its position in shares of iShares Russell 2000 ETF by 84.5% during the second quarter. New England Professional Planning Group Inc. now owns 3,894 shares of the exchange traded fund’s stock worth $840,000 after acquiring an additional 1,784 shares during the last quarter.

iShares Russell 2000 ETF Stock Performance

Shares of IWM stock opened at $244.16 on Wednesday. The company has a market cap of $70.43 billion, a P/E ratio of 17.69 and a beta of 1.15. The stock has a 50 day simple moving average of $233.89 and a two-hundred day simple moving average of $215.51. iShares Russell 2000 ETF has a fifty-two week low of $171.73 and a fifty-two week high of $248.48.

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.