Salomon & Ludwin LLC raised its position in iShares Russell 2000 ETF (NYSEARCA:IWM – Free Report) by 2.0% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 69,110 shares of the exchange traded fund’s stock after acquiring an additional 1,328 shares during the period. iShares Russell 2000 ETF makes up 1.5% of Salomon & Ludwin LLC’s investment portfolio, making the stock its 20th largest holding. Salomon & Ludwin LLC’s holdings in iShares Russell 2000 ETF were worth $15,294,000 at the end of the most recent quarter.
Other hedge funds also recently made changes to their positions in the company. Opal Wealth Advisors LLC acquired a new stake in shares of iShares Russell 2000 ETF in the second quarter valued at about $28,000. Proathlete Wealth Management LLC acquired a new stake in shares of iShares Russell 2000 ETF in the second quarter valued at about $30,000. Financial Network Wealth Advisors LLC acquired a new stake in shares of iShares Russell 2000 ETF in the first quarter valued at about $29,000. Brooklyn Investment Group acquired a new stake in shares of iShares Russell 2000 ETF in the first quarter valued at about $30,000. Finally, 1 North Wealth Services LLC acquired a new stake in shares of iShares Russell 2000 ETF in the first quarter valued at about $34,000.
iShares Russell 2000 ETF Trading Down 0.7%
Shares of IWM opened at $243.41 on Friday. The stock has a market cap of $68.13 billion, a P/E ratio of 17.69 and a beta of 1.15. The company has a 50-day moving average of $237.96 and a two-hundred day moving average of $217.81. iShares Russell 2000 ETF has a 12-month low of $171.73 and a 12-month high of $252.77.
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.
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